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Chinese fashion tech firm LincTex Digital raises $100 million

Channel News Asia LogoChannel News Asia1 mo ago

Chinese fashion tech firm LincTex Digital raises $100 million

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SHANGHAI : LincTex Digital, best known for developing its virtual try-on technology for fashion e-commerce, raised $100 million in a fund-raising round led by Hillhouse Capital and CDH Investments, according to the company's official WeChat account.

Its digitally simulated fabric is designed to look and move like clothing in the real world.

It has also been expanding worldwide, opening offices in Copenhagen, Amsterdam, New York and Milan over the past year.Pressed for time?


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Article Details

Category: Economy

Topics: Clothing Developing Style3d Products Known Mediacorp Fashion Digital Experience Design Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 14:28:53

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 2 minutes read

Article Length: 313 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 5560

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About Channel News Asia

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Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 57 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 36m ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #27

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