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Li & Fung secures US$100m investment from JD.com

2020-07-31 13:27:00| Daily apparel & textile news and comment - from just-style.com

Hong Kong based sourcing giant Li & Fung has secured a US$100m investment from Chinese e-commerce leader JD.com to speed the development of its digital supply chain as well as new private label initiatives for the Chinese domestic market. 

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