Tencent Injects US$70M in Health Service Community DXY to Tap China’s Red-hot Healthcare Industry
According to Technode, Tencent is investing in healthcare. They are injecting US$70M in Health Service Community DXY to Tap China’s Red-hot Healthcare Industry. As it seems, China has been keen in adopting mobile individual healthcare services and Ting Ting, one of the largest Chinese healthcare community, has been successfully developing products and applications for their strong userbase.
The O2O services, which have a high impact in China anyways, are obviously where general practitioners and online audiences meet. Chinese customers use the services to improve their experiences.
China is quite a leading market for healthcare, due to demographical issues and for the obvious utility of such sercices. As Technode mentions:
“Mobile health app Chunyu just landed a landmark US$50 million series C round earlier this month. Internet health platform Kanchufang has received million-dollar level investment. Other startups engaged in this industry are mobile pharmaceutical platform Zhaoniya,and healthcare social platform The CareVoice.”