China now has the title of the center for technological innovation, having a total of 369 unicorns, which are privately held startups valued at over $1 billion. According to a recent report, over 25% of these unicorns are involved in China’s artificial intelligence (AI) and semiconductor sectors. The report, titled the China Unicorn Enterprise Development […]

Baibu, a leading textile B2B eCommerce trading platform having its headquarters in Guangzhou has raised a funding of 300 M US$ in Series D round. Sources depict that it has been so far the largest funding round ever in the history of the textile industry. This round has come after a year of Series C […]