Founded Year

2012

Stage

Series C - II | Alive

Total Raised

$100.12M

Last Raised

$65M | 6 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-35 points in the past 30 days

About Jollychic

Jollychic is an e-commerce platform that focuses on providing a variety of consumer goods. The company offers a wide range of products, such as apparel, electronics, home goods, footwear, bags, and baby products, through its mobile application and website. It was founded in 2012 and is based in Hangzhou, China.

Headquarters Location

No. 2 Xiangmao Road 3rd Floor, Building 1, Yingtian Pixel Park

Hangzhou, Zhejiang , 310010,

China

+966 138928999

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Expert Collections containing Jollychic

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Jollychic is included in 2 Expert Collections, including E-Commerce.

E

E-Commerce

11,245 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

U

Unicorns- Billion Dollar Startups

1,270 items

Jollychic Patents

Jollychic has filed 2 patents.

The 3 most popular patent topics include:

  • arteries of the head and neck
  • light machine guns
  • lomanotidae
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/31/2023

12/12/2023

Light machine guns, Lomanotidae, Neritidae, TsNIITochMash products, Arteries of the head and neck

Grant

Application Date

7/31/2023

Grant Date

12/12/2023

Title

Related Topics

Light machine guns, Lomanotidae, Neritidae, TsNIITochMash products, Arteries of the head and neck

Status

Grant

Latest Jollychic News

Chinese Ecommerce Platform Jollychic Raises $65 Million Investment from UAE Tech Giant G42 Group

Jul 16, 2024

Jollychic plans to use the fresh funds to support market localisation and segmentation, improve its logistics system, and develop third-party payment options. Aug 08, 2019 Jollychic, a multi-national cross-border e-commerce platform serving the Middle East, has scored a $65 million investment from UAE tech giant G42 Group in a Series C funding round. In a statement, Jollychic revealed plans to use the fresh funds to support market localisation and segmentation, improve its logistics system, and develop third-party payment options. According to a statement released earlier, G42 is the renowned investor behind various regional strategic the projects considered Jollychic’s potential and role in the Middle Eastern market and its vision of building an e-commerce-based internet ecosystem for the investment. Jollychic recently launched their payment platform under the name Jollypay, lately received relevant licenses and qualifications to operate in the UAE and Saudi Arabia. The recent investment will help Jollychic with its goal to maintain a “no cash society” and support the emerging ecommerce market in the Middle East. Previously in 2018, the company initially secured investment in a series C round led by Sequoia Capital, with shareholders including Junlian Capital, Lanxin Asia, Pin An Ventures, Dachen Venture Capital, and others.

Jollychic Frequently Asked Questions (FAQ)

  • When was Jollychic founded?

    Jollychic was founded in 2012.

  • Where is Jollychic's headquarters?

    Jollychic's headquarters is located at No. 2 Xiangmao Road, Hangzhou.

  • What is Jollychic's latest funding round?

    Jollychic's latest funding round is Series C - II.

  • How much did Jollychic raise?

    Jollychic raised a total of $100.12M.

  • Who are the investors of Jollychic?

    Investors of Jollychic include Group 42, Legend Capital, CDH Investments, Orchid Asia Group Management, Ping An Venture Capital and 7 more.

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