Fabrics trading platform developer Baibu has closed a series C-plus round led by GLP subsidiary Hidden Capital and has now raised $540m inside three years.

Logistics infrastructure operator GLP led a $110m series D-plus round for China-based online textile marketplace Baibu yesterday through corporate venturing vehicle Hidden Capital, DealStreetAsia reported, citing a company statement. Baibu runs an online marketplace that allows businesses such as textile producers, factory owners, traders and retailers to trade fabrics and material, in addition to providing…

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