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Chinese E-commerce Firm Jollychic Gets Investment From Sequoia Capital At Unicorn Valuation – China Money Network
Posted on: May 28, 2018, 7:06 a.m.
Sequoia Capital’s growth fund has led a series C round worth of hundreds of millions of USD in Chinese cross-border e-commerce firm Jollychic, valuing the firm at US$1 billion. Existing investor Legend Capital also participated in the round, according to Legend Capital’s announcement on its official WeChat account. Founded in 2012, Hangzhou-based Jollychic sells consumer products including clothes, shoes, bags, lingerie and home products, mainly to customers in the Middle East. It has offices in China, the U.S., Jordan, Saudi ... Full investment news articleRelevent to this post: Louisiana Economic Development Sequoia Capital,