# Guangzhou Zhijing Information Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guangzhou-zhijing-information-technology-co

- Industry: Internet
- Headquarters: Guangzhou, China
- Website: www.baibu.la
- Total disclosed funding: $455M
- Latest round: Series D (Dec 16, 2019)
- Investors on record: 8

## About

Established in 2013 and based in Guangzhou, China, Guangzhou Zhijing Information Technology Co., Ltd., aka Baibu is a textile B2B self-supporting platform, the core team members come from Alibaba, Meituan, Where to go, Inman, Qiushui Yiren, etc. The company has established supply chain centers in Guangzhou and Shaoxing, cooperating deeply with more than 1,000 first-class suppliers, linking more than 4,000 first-class suppliers, with more than 2,000 new products released every week. At present, the company has expanded its business scope to Guangzhou, Foshan, Dongguan, Hangzhou, Huzhou, Shaoxing, Wuhan, Chengdu, Zhengzhou, Changshu and other major garment production towns, serving more than 100,000 garment production enterprises. The company has "Hundred Cloth", "All Cloth", "Flying Shuttle", "Zhijing Smart Warehouse Logistics Park", "Zhijing Textile Smart Park" and other business sectors.

The company connecting Upstream Blanket Mills and Batchers through AIoT and SaaS Services, the downstream orders are sorted and aggregated, then the system is disassembled and distributed to the individual looms in the grey fabric factory, and then assembled by order after completion and delivered to the customer after quality inspection. The company also provides mobile application which has a complete database of fabric category parameters, through intelligent hardware + AI recognition algorithm, and can quickly and accurately match fabrics.

After this funding, the company and the strategic investors will start in-depth cooperation in the apparel digital intelligence supply chain and e-commerce scenario. On the one hand, both parties will use consumer insights to jointly build a full-chain solution that connects the supply chain of garment fabrics and e-commerce channels.

## Funding rounds

- Series D, Dec 16, 2019, $300M — Chengwei Capital, China International Capital Corporation, Bull Capital Partners, DST Global, Source Code Capital, Yunqi Partners, Tiger Global Mauritius Fund
- Series C, Nov 21, 2018, $100M — Chengwei Capital, Tiger Global Management, Bull Capital Partners, Source Code Capital, Yunqi Partners
- Series C, Aug 29, 2018, $30M — Chengwei Capital, Bull Capital Partners, Source Code Capital, Yunqi Partners
- Series B, Aug 9, 2017, $25M — Chengwei Capital, Source Code Capital, Yunqi Partners
- Series B, Jul 4, 2016 — Chengwei Capital, Source Code Capital
- Series A, Feb 15, 2016 — Source Code Capital
- Angel, Jun 11, 2015 — Source Code Capital

## Investors

- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Angel, Series A, Series B, Series C, Series D
- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Series B, Series C, Series D
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Series B, Series C, Series D
- Bull Capital Partners (https://capitalatlas.ai/funds/bull-capital-partners) — Series C, Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series D
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series D
- Tiger Global Mauritius Fund — Series D