Deal focus: Baibu broadens its fabric scope
VC-backed Chinese B2B fabrics trading platform Baibu is making the transition from online marketplace to cloud-based consolidator of the country's fragmented factories
China is the dominant force in soft fabrics, generating RMB1.5 trillion ($217 billion) in revenue in 2018, which amounts to 23% of the global total. But the manufacturers responsible for this output are...
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