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Zhiyu (same as Jollychic ) is an e-commerce platform focusing on the Middle East market. It adopts a cross-border B2B2C model. Suppliers enter the platform as suppliers and are only responsible for uploading goods and delivering them to the platform's collection warehouse in a timely manner according to orders. The main categories of business include clothing, mother and baby, 3C, home appliances, etc.
Overview Jollychic is a B2C mobile shopping platform affiliated to Zhejiang Zhiyu Information Technology Co., Ltd., focusing on the Middle East market. Currently, there are more than 20 million overseas users who have registered and downloaded the APP, covering 80% of the Middle East. Among the shopping apps in the Middle East, Jollychic has always been in the top 10 and is now ranked first. Jollychic’s target audience is mainly women aged 25 to 40, and it mainly sells women’s clothing products. The platform supports multiple languages, including Arabic, English, Polish, Turkish, and Traditional Chinese, and also supports multi-currency settlement, including AED, BHD, QAR, SAR, KWD, USD, EUR, TRY, and PLN.
Entry requirements 1. Must be an enterprise with registered capital of no less than RMB 500,000 and established for at least 1 year; 2. Have import and export qualifications (must successfully register with the State Administration of Foreign Exchange). Suppliers who do not have such qualifications must provide them within one month of settlement, otherwise payment cannot be settled normally; 3. Able to provide product quality inspection reports issued by formal institutions; 4. Applicants with an e-commerce team of more than two people and more than one year of experience in operation or supply of e-commerce platforms are preferred, such as Amazon, AliExpress, eBay, Tmall, JD.com, etc.; 5. Have a stable supply chain and the ability to quickly ship orders within 36 hours, with no less than 20-50 products available for cooperation (depending on the requirements of different categories) and sufficient inventory (photos of warehouses and office spaces are required); 6. Able to cooperate with the platform to complete independent packaging of products, barcode printing and pasting, and electronic waybill operation and delivery; 7. After opening an account, upload at least 10 valid products within half a month (excluding products rejected by the review); 8. After the account is opened, you must cooperate with the platform to complete the contract signing as soon as possible. If it is not completed within two months, the account will be frozen.
Information required for entry 1. Business license (individual businesses are not accepted); 2. Bank account opening certificate (either basic account or general account); 3. Documents filed with the State Administration of Foreign Exchange: "Online Business Opening for Foreign Exchange Administration for Goods Trade" (if not yet processed, it can be provided within one month after settlement, otherwise payment cannot be settled normally); 4. If you have your own brand, you need to provide brand registration information; 5. If there is a well-known brand, a direct authorization letter from the brand (brand agent, distributor) is required; 6. Product quality inspection report issued by a formal organization (see the table below for specific requirements): 7. Screenshots of store backends during operation on other platforms; 8. Photos of the warehouse (the quality control department will contact a third-party agency for on-site factory inspection later); 9. Jollychic new supplier information form & quotation (ask the corresponding investment promotion personnel), the quotation should contain at least 20-50 styles, and the styles included will be randomly checked during the factory inspection; 10. Third-party factory inspection fee voucher: After the quotation is reviewed and approved, the merchant needs to pay a factory inspection fee of RMB 700 (required to be paid from public to public). The platform will arrange a third-party agency to conduct an on-site factory inspection (warehouse), and cooperation can only begin after passing.
Settlement Fees Jollychic adopts a cross-border retail self-operated model. Suppliers enter the platform as suppliers, without any entry fees and deposits, no sales commissions and deductions, no operation and promotion costs, and no international and domestic logistics costs. Only RMB 700 is charged for factory inspection and quality inspection by a third-party agency. Zhiyu has the right to sell, set prices, and operate and promote the products.
Settlement process 1. Go to the Jollychic seller registration website to fill in the information. Fill in the company name, company nature, name, phone number, email address, whether there are websites operating other platforms, related brands, company address and product categories, then click submit and wait for review. After the review is passed, you will be notified to take the next step. 2. Settlement review, platform review, and on-site factory inspection; 3. After passing the review, you will be officially settled in, open the backend, and sign the contract; 4. On-site training: attend training and pass the test; 5. Upload products: review and put products on the shelves; 6. Order processing: backend push and timely delivery.
Development History -In 2015, Jollychic had more than 200 employees, including more than 70 IT R&D personnel. -In August 2015, JollyChic officially entered the Polish market. -In 2016, Jollychic had a total of 500 employees, including more than 90 buyers and nearly 100 foreign customer service staff. It had about 1,000 suppliers, added 500 new styles every day, and had 10 million APP users. -In 2017, Zhiyu completed the resource integration of MarkaVIP, a Middle Eastern e-commerce company. | 
