When was JollyChic founded?

JollyChic was founded in 2012 and became a unicorn in 2018, reaching the milestone in 6 years. It raised its 1st funding round 4 years after its incorporation.

Where is JollyChic located?

JollyChic is headquartered in Hangzhou, China.

How many employees does JollyChic have?

As of Aug 31, 2026, the latest employee count at JollyChic is 302.

Is JollyChic a funded company?

JollyChic is a funded company, having raised a total of $111M across 3 funding rounds to date. The company's 1st funding round was a $30.1M Series B round, raised on 2016.

How much is JollyChic worth?

The latest valuation of JollyChic is $1B as of Aug 05, 2019.

When was the latest funding round of JollyChic?

JollyChic's latest funding was a $65M Series C round on Aug 05, 2019, with participation from 1 investor.

Is JollyChic a Cross Border E-Commerce company?

The primary sector of JollyChic is Cross Border E-Commerce.

Where does JollyChic rank among its competitors?

JollyChic ranks 2nd amongst 398 active competitors, of which 31 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SAZO, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of JollyChic?

JollyChic's top competitors include Alibaba, Global Sources and Aliexpress. Among them, SAZO secured the most recent funding round in July, 2026.

JollyChic - 2026 Company Profile, Team, Funding & Competitors

JollyChic is a series C company based in Hangzhou (China), founded in 2012 by Aaron Li. It operates as an Online retailer of multi-category consumer products. JollyChic has raised $111M in funding from Sequoia Capital and G42, with a current valuation of $1B. The company has 398 active competitors, including 31 funded and 10 that have exited. Its top competitors include companies like Alibaba, Global Sources and Aliexpress.

Sectors and market segments that JollyChic operate in

JollyChic serves in the Retail market segments.The primary business model of JollyChic is:

Retail > Cross Border E-Commerce > ***** **** > ***** ******

Company Details

JollyChic is an online retailer of horizontal consumer products such as fashion apparel, fashion accessories, beauty products, mom and baby products, home improvement products, and electronic products. It has a partnership with industry insiders, importers, exporters, warehouses, and logistics firms for carrying out procurement, storage, and fulfillment. It provides customer service in multiple languages. JollyChic also sells garments directly to wholesalers. It has about 854K likes on its Facebook page.

Website: jollychic.com
Social
Email ID: *****@jollychic.com
Part Of

Key Metrics

Founded Year

2012

Location

Hangzhou, China

Stage

Series C

Total Funding

$111M in 3 rounds

Latest Funding Round

Series C, Aug 05, 2019, $65M

Post Money Valuation

$1B as on Aug 05, 2019

Investors

Sequoia Capital & 9 more

Ranked

2^nd among 398 active competitors

Employee Count

302 as on Aug 31, 2026

Investment & Acquisitions

Lyke

Similar Companies

Ubuy & 249 more

View JollyChic's full profile

JollyChic has raised a total funding of $111M over 3 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on Aug 05, 2019 for $65M. 1 investor participated in its latest round. JollyChic has 10 institutional investors.

Here is the list of recent funding rounds of JollyChic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 05, 2019	$65M	Series C	$1B	-	G42	-
May 28, 2018	$15.6M	Series C	$1B	-	Sequoia Capital	Legend Capital
2016	$30.1M	Series B	-	-	-	Legend Capital, Stage Group

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View details of JollyChic's funding rounds and investors

The founders of JollyChic is Aaron Li.

Here are the details of JollyChic's key team members:

Aaron Li: Founder & CEO of JollyChic.

View details of JollyChic's Founder profiles and Board Members

JollyChic's employee count trend

JollyChic has 302 employees as of Aug 26. Here is JollyChic's employee count trend over the years:

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Top competitors of JollyChic include Alibaba, Global Sources and Aliexpress. Here is the list of Top 10 competitors of JollyChic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Alibaba 1999, United States, Public	Online marketplace connecting global buyers with manufacturers, suppliers, and exporters	-	Silver Lake, K2 Global & 47 others	79/100
2nd	JollyChic 2012, Hangzhou (China), Series C	Online retailer of multi-category consumer products	$111M	Ping An, G42 & 8 others	71/100
3rd	Global Sources 1970, Hong Kong (China), Acquired	B2B marketplace platform offering multi-category products	-	Gut & Glory, HC International	66/100
4th	Aliexpress 2010, Hangzhou (China), Unfunded	Online cross-border marketplace platform offering multi-category products	-	-	57/100
5th	Geniemode 2021, Gurugram (India), Series C	Sourcing and supply chain platform for retailers and suppliers	$87.7M	Info Edge Ventures, Multiples Alternate Asset Management ... & 16 others	57/100
6th	Ubuy 2012, Kuwait City (Kuwait), Unfunded	Online retailer offering multi-category products	-	-	55/100
7th	SAZO 2024, Seoul (South Korea), Series A	Provider of Korean product direct import and fulfillment services	$15.2M	Japan Post Capital, Suzuyo & Co & 11 others	54/100
8th	Distacart 2020, Mountain View (United States), Unfunded	Online retailer of multi-category products	-	-	52/100
9th	Ensologic 2019, Delhi (India), Seed	Provider of platform facilitating cross-border sales and distribution of consumer goods	$2.01M	Indian Angel Network, Inflection Point Ventures ... & 25 others	52/100
10th	ezbuy 2010, Singapore (Singapore), Acquired	Online retailer offering multi-category consumer products	$20M	China Growth Capital, IDG Ventures	49/100