G42 Group made the investment.
The company will use the funds to expand its segmentation, optimize its logistics system, and develop third-party payment platforms and e-wallets.
Led by founder and CEO Mr. Arron Li, Jollychic is a global cross-border e-commerce platform focusing on the Middle East market since 2014, Its e-commerce platforms Jollychic, MarkaVIP and Dealy sell more than 200 major categories of fashion, electronics, home and beauty to mobile internet users in the region, providing cross-border and diversified one-stop e-shopping services.
Recently, JollyPay, its payment platform, obtained relevant payment licenses in the UAE, and online payment service qualification in Saudi Arabia.
Currently, the company has branches in the UAE, Saudi Arabia and Jordan.
FinSMEs
06/08/2019