WeDoctor’s new funding contributes to the rise of China’s Internet healthcare sector

Last week’s highlight covered the online medical industry, as WeDoctor secured a large amount of funding. On May 9, Hangzhou-based online healthcare service app WeDoctor landed USD 500 million in strategic funding led by insurer AIA Group and infrastructure company NWS Holdings. The influx of financing has pushed the startup’s valuation to USD 5.5 billion before its IPO …

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