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