WeDoctor Closes $500 Million Pre-IPO Round at $5.5 Billion Valuation

Published on: May 9, 2018
Author: Amy Liu

WeDoctor, an online healthcare platform, closed a $500 million pre-IPO funding at a $5.5 billion valuation. WeDoctor, which is part of TenCent, China’s giant internet company, is expected to list on the Hong Kong exchange later this year with a goal of raising $1 billion. The latest round was led by AIA Group, a medical insurance company, and NWS Holdings. AIA will become the preferred insurance provider for the site.

Source: China Biotoday

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