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
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Sectors
Retail
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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.
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.
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Venture Capital firm focused on multiple sectors
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Sequoia Capital is engaged in venture capital investments.
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Provider of artificial intelligence infrastructure, cloud computing, and data center services
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Investor details for JollyChic
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Investments & Acquisitions by JollyChic
JollyChic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lyke.
Investment portfolio details for JollyChic
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A mobile application is provided for shopping in local stores.
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Complete acquisition details for JollyChic
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Financial Statements - JollyChic
Detailed financials for JollyChic
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Jollychic Comparisons
Peer comparison for JollyChic
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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.
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E-commerce platforms for retail and wholesale are operated internationally.
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Operates an online cross-border marketplace for a wide range of multi-category products.
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Multi-category products are facilitated via an online B2B cross-border marketplace.
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Cross-border B2C e-commerce for Chinese consumers is facilitated.
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Operation management software solutions are provided for e-commerce businesses.
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Detailed competitors of JollyChic
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Latest news on Jollychic
Complete news archive for JollyChic
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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.
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.