About JollyChic
JollyChic is a company based in Hangzhou (China) founded in 2012. JollyChic has raised $110.72 million across 3 funding rounds from investors including G42, Legend Capital and Sequoia Capital. JollyChic has completed 1 acquisition, including Lyke. JollyChic operates in a competitive market with competitors including Alibaba, Aliexpress, Peeba, Ymatou and Easyya, among others.
- Headquarter Hangzhou, China
- Stage Unicorn
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of JollyChic
JollyChic has successfully raised a total of $110.72M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $65 million completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $65.0M
-
First Round
First Round
(01 Jun 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series C - JollyChic | Valuation | G42 |
|
| May, 2018 | Amount | Series C - JollyChic | Valuation | Sequoia Capital | |
| Jun, 2016 | Amount | Series B - JollyChic | Valuation |
investors |
Investors in JollyChic
JollyChic has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include G42, Legend Capital and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture Capital firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Provider of artificial intelligence infrastructure, cloud computing, and data center services
|
Founded Year | Domain | Location |
Investments & Acquisitions by JollyChic
JollyChic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lyke.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
A mobile application is provided for shopping in local stores.
|
2015 |
Financial Statements - JollyChic
Jollychic Comparisons
Competitors of JollyChic
JollyChic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alibaba, Aliexpress, Peeba, Ymatou and Easyya, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce platforms for retail and wholesale are operated internationally.
|
|
| domain | founded_year | HQ Location |
Operates an online cross-border marketplace for a wide range of multi-category products.
|
|
| domain | founded_year | HQ Location |
Multi-category products are facilitated via an online B2B cross-border marketplace.
|
|
| domain | founded_year | HQ Location |
Cross-border B2C e-commerce for Chinese consumers is facilitated.
|
|
| domain | founded_year | HQ Location |
Operation management software solutions are provided for e-commerce businesses.
|
Frequently Asked Questions about JollyChic
JollyChic was founded in 2012 and raised its 1st funding round 4 years after it was founded.
JollyChic is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
JollyChic is a funded company, having raised a total of $110.72M across 3 funding rounds to date. The company's 1st funding round was a Series B of $30.12M, raised on Jun 01, 2016.
An online retail platform for horizontal consumer products, including fashion apparel, accessories, beauty items, mom and baby goods, home improvement supplies, and electronics, was established in 2012 in Hangzhou, China. Partnerships with industry insiders, importers, exporters, warehouses, and logistics providers are utilized for procurement, storage, and fulfillment. Multi-language customer service is offered, and garments are supplied directly to wholesalers. Around 854,000 likes are held on the Facebook page.
JollyChic has made 1 acquisition, including Lyke.
JollyChic has 4 investors. Key investors include G42, Legend Capital, Sequoia Capital, and Stage Group.
The valuation of JollyChic is $1B as of May 2018.