Healthcare Archives

ByteDance Denies Major Changes to Health and Q&A Platforms

News emerged recently that the Xiaohe Health app owned by Beijing-based tech giant ByteDance will be shut down, and the company's Wukong Q&A app, which was shut down two years ago, will be launched again. However, ByteDance has denied both claims.

Chinese Residents Flock to Health Apps in Bid to Obtain COVID-19 Meds

Recent weeks have seen soaring COVID-19 cases across China, pushing many people to various domestic health platforms in an attempt to purchase coveted antiviral medication and fever-reduction pills.

Digital Medical Service Provider Dingdang Health Debuts in Hong Kong

Dingdang Health, a digital medical services provider, was officially listed on the main board of the Hong Kong Stock Exchange with "9886" as the ticker symbol on September 14.

Tencent Granted Approval for Innovative Medical Device

China's National Medical Products Administration granted approval on August 31 to Tencent Healthcare (Shenzhen) Co., Ltd. for the registration of its innovative medical device.

Alibaba Health Releases ESG Report Covering Healthcare, COVID, Carbon Emissions

Alibaba Health, the flagship healthcare platform of Alibaba Group, recently published its Environmental, Social and Governance (ESG) Report for April 1, 2021 through March 31, 2022 (Financial Year 2022).

“Tech for Good”: Europe’s Answer to Tech Innovations

During this year’s VivaTech, Pandaily interviewed three European startups about their visions for “Tech for Good”. We also took a look at how Chinese consumer brand OPPO has helped tech startups to advance their missions and improve well-being through innovation.

JD.com Founder Reduces Shareholdings of JD Health

According to information disclosed by the Hong Kong Stock Exchange, Richard Liu, founder of e-commerce giant JD.com, has recently sold 8.84 million shares in firm subsidiary JD Health, cashing out about HK $440 million.

Costone Capital Invests in Chinese Smart Health Firm BackRobo Wellness

BackRobo Wellness, a manufacturer of smart health products in China, has secured 60 million yuan ($9.4 million) in round-A financing, mainly from Costone Capital.

Ant Group’s Xianghubao Issues Latest Mutual Aid List

On Friday, Xianghubao, a mutual aid health-care platform under Ant Group, announced its latest mutual aid list 10 days after it announced a closure notice.

Waterdrop Reports Net Operating Revenue of $145.5 Million, Starts Share Repurchase Program Valued up to $50 Million

Waterdrop, a platform dedicated to insurance and healthcare service, today reported a net operating revenue YoY increase of 38.0% to 939.4 million yuan ($145.5 million) in the second quarter of this year.

Alibaba Health-Backed LinkDoc Technology Files for US IPO, Sending Ripples through China’s Online Healthcare Sector

Chinese medical data company LinkDoc Technology filed paperwork on Monday to list shares in the US, as China’s digital healthcare industry continues to grow in the wake of the coronavirus pandemic.

Chinese E-pharma Platform Dingdang Health Raises $220 Million to Expand O2O Strategy

Chinese online-to-offline (O2O) medicine platform Dingdang Health has raised $220 million in its latest financing round led by TPG Capital Asia, the company announced on Tuesday.

Owner of Chinese Gay Dating App Blued Obtains Internet Hospital License to Offer Men’s Health Services

BlueCity, owner of China’s largest dating app for gay men Blued, said on Tuesday that it has obtained a license for an Internet hospital in China for the brand’s health service platform.

China VC Weekly: Batteries, Luxury and Healthcare

EV battery maker SVolt Energy Technology bags a hefty Series A round, luxury brand group Ushopal raises another $100 million to fund expansion plans, and healthcare investor OrbiMed closes a new Asia fund.

China VC Weekly: Edtech, Autonomous Driving and Healthcare

Last week was big for edtech fundraising news. Two of China’s largest edtech unicorns, Zuoyebang and Yuanfudao, both raised huge sums, pushing their valuations through the roof.

Huami’s Smartwatch Amazfit to be Sold in 2,870 Walmart Stores in North America

Huami (NYSE: HMI) recently reached a cooperation agreement with Walmart to sell its Amazfit smartwatch in 2,870 Walmart stores in North America.

JD.com Plans to Spin Off Health Unit, List in Hong Kong

Chinese e-commerce retailer JD.com, Inc. is planning to spin off and list its health unit on the Hong Kong stock exchange, the New York-listed company said Monday.

JD.com’s Healthcare Unit Rolls Out ‘Family Doctor’ Telemedicine Service Package

JD Health, the healthcare branch of Chinese e-commerce and supply chain giant JD.com Tuesday announced the launch of its online health care service “Family Doctor” based on “internet+healthcare” model.

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