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

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Sourcing giant Li + Fung announced a strategic investment of $100 million from China's JD.com to further develop its digital supply chain.
JD.com Inc.'s headquarters in Beijing.
CREDIT: (Kyodo via AP Images) ==Kyodo

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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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