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Li & Fung Joins Forces With Chinese Tech Titan to Accelerate Supply-Chain Digitization

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Li & Fung announced a strategic investment of $100 million from JD.com to further develop its digital supply chain. The Fung Family will continue to retain control of the sourcing company, with 60 percent of the voting shares. Li & Fung went private in May after 28 years on the Hong Kong Stock Exchange. In…

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