About Baibu
Baibu is a company based in Guangzhou (China) founded in 2014 by Zhao Zhenhong. It operates as a Two-Sided Marketplace. Baibu has raised $464.6 million across 6 funding rounds from investors including CICC, DST Global Partners and Bull Capital Partners. Baibu has completed 2 acquisitions, including Guangzhou Feizhou Information Technology and Suzhou Juxi Information Technology. Baibu offers products and services including Fabric Trading Platform, Warehousing and Logistics, and Textile Financial Solutions. Baibu operates in a competitive market with competitors including Huaxianbang, PandaHall, Union Cotton, Soouya and Sinotex, among others.
- Headquarter Guangzhou, China
- Founders Zhao Zhenhong
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Sectors
RetailIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Guangzhou Zhijing Information Technology Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$464.6 M (USD)
in 6 rounds
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Latest Funding Round
$110 M (USD), Series D
Jan 07, 2021
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Investors
CICC
& 6 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Baibu
Baibu offers a comprehensive portfolio of products and services, including Fabric Trading Platform, Warehousing and Logistics, and Textile Financial Solutions.
A platform for trading finished fabrics is provided.
Warehousing and logistics solutions for textiles are offered.
Financial solutions for the textile industry are delivered.
Funding Insights of Baibu
Baibu has successfully raised a total of $464.6M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $110 million completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $110.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series D - Baibu | Valuation |
investors |
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| Dec, 2019 | Amount | Series D - Baibu | Valuation | DST Global | |
| Aug, 2018 | Amount | Series C - Baibu | Valuation | Bull Capital Partners |
Investors in Baibu
Baibu has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include CICC, DST Global Partners and Bull Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Growth stage tech-focused VC firm funding companies in Asia
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Founded Year | Domain | Location | |
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Chengwei Capital is recognized as an early venture capital firm in China.
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Founded Year | Domain | Location |
Investments & Acquisitions by Baibu
Baibu has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Guangzhou Feizhou Information Technology and Suzhou Juxi Information Technology.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IoT solutions and management consulting services are provided.
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2016 | ||||
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Provider of event management services
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2014 |
Financial Statements - Baibu
Baibu Comparisons
Competitors of Baibu
Baibu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Huaxianbang, PandaHall, Union Cotton, Soouya and Sinotex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online B2B marketplace for polyester fibres
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| domain | founded_year | HQ Location |
Serves as a wholesaler specializing in supplies for jewellery making and design.
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| domain | founded_year | HQ Location |
B2B trading platform for cotton
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| domain | founded_year | HQ Location |
Fabrics are traded on B2B platform for merchants and designers.
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| domain | founded_year | HQ Location |
B2B textile marketplace connects vendors with buyers online.
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Frequently Asked Questions about Baibu
Baibu was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Baibu is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Baibu is a funded company, having raised a total of $464.6M across 6 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Jun 01, 2015.
Baibu, operated by Guangzhou Zhijing Information Technology Co., Ltd., is established as a prominent online platform for finished fabric trading in China. Services are extended to over 90 of fabric wholesalers nationwide, with a comprehensive range of fabric categories covered. Solutions for fabric trading, warehousing, logistics, and textile industry financial services are provided. Operations are spread across South China, East China, and Central China. A complete fabric category parameter database is maintained, supported by intelligent hardware and AI recognition algorithms for quick and accurate fabric matching.
Baibu's top competitors include Huaxianbang, Union Cotton and Soouya.
Baibu offers Fabric Trading Platform, Warehousing and Logistics, and Textile Financial Solutions.
Baibu has made 2 acquisitions, including Guangzhou Feizhou Information Technology, and Suzhou Juxi Information Technology.
Baibu has 7 investors. Key investors include CICC, DST Global Partners, Bull Capital Partners, Chengwei Capital, and Yunqi Partners.