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MarkaVIP
Exclusive invitation-only online shopping community focused on the Middle East
About MarkaVIP
MarkaVIP, established in 2011 and now part of JollyChic following an acquisition in May 2017, is a prominent fashion retailer in the Middle East. The company serves over 5 million users, providing a diverse range of affordable fashion and authentic luxury products. MarkaVIP's extensive online catalog features over 100,000 products, with new items added weekly. The platform offers a wide selection of high street and high-end brands from around the globe, catering to everyday consumers seeking fashionable attire. MarkaVIP operates primarily in the Middle Eastern market, targeting fashion-conscious individuals who value both affordability and quality. The business model revolves around e-commerce, leveraging a curated product offering to attract and retain customers. Revenue is generated through direct sales of products, with a unique selling proposition of cash on delivery, which appeals to the regional consumer base. The acquisition by JollyChic has expanded MarkaVIP's product range to include baby products, travel supplies, and more, further enhancing its market position.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2010
- Headquarters
- Amman, Jordan
- Employees
- 303
- Open positions
- None listed
- Dealroom signal
- 57.6/100
- Industry
- Fashion
- Sector
- eCommerce & Marketplaces, Consumer Goods, Tea, Interior Design, Consumer Electronics, Furniture, Retail, Social Commerce, Lifestyle, Group Buying, Performance Management, Shoes
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jan 2017 | $0 | — | JollyChic | — |
| SERIES B✓Equity / VC | Apr 2012 | $10M | $40M | Hummingbird Ventures · Lumia Capital · Prime Ventures | — |
Growth signals
Latest recorded traffic for MarkaVIP is 500 monthly website visits, down 96.9% over the last three months. MarkaVIP's team declined 1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Usama Fayyad
Karim Kawar
Hummingbird Ventures
Caglar Erol
Series A3 investors entered at this stage
Invus
Lumia Capital
Prime Ventures
Other known investors5 additional known investors
JollyChic
Emre Aydin
Invus Opportunities
Kees Koolen
Raymond Spanjar
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MarkaVIP on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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