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Ping An Healthcare And Technology Posts HY Loss Attributable RMB 213.6 MLN
Ping An Healthcare And Technology Says Ye Lan Appointed CFO
Ping An Healthcare And Technology Says To Remove Wang Tao As Chairman, Exec Director & CEO
Ping An Healthcare and Technology Co Ltd is a company engaged in providing medical health products and services. The Company operates four segments. The Health Mall segment provides Chinese and western medicines (over-the-counter medicines), nutritional healthcare, medical equipment and other products. The Consumer Healthcare is involved in providing individual and corporate clients with a range of health services, including physical examination, medical beauty, oral and genetic testing. The Online Medical Services segment provides users with online consultation, referral, registration, online medication purchase and drug delivery services. The services are provided through its products which are Health 360 and Private Doctor Membership. The Health Management and Wellness Interaction segment provides advertising products and services for corporate clients.
Retail (Catalog & Mail Order)
Ugland House, Grand Cayman, KY1-1104
PO Box 309
Executive Chairman of the Board, Chief Executive Officer
Chief Operating Officer
Chief Technology Officer
Legal representative and General Manager
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Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Chinese tech giant Baidu <BIDU.O> is in talks with investors to raise up to $2 billion over three years for a biotech startup, which will use AI technology to discover new drugs and diagnose diseases, a person with direct knowledge of the matter said.
SoftBank Group Corp CEO Masayoshi Son on Monday pinned his hopes on a small group of "winged unicorns" to save the performance of his $100 billion Vision Fund - although he gave few clues on which ones they would be.
SoftBank Group Corp <9984.T> CEO Masayoshi Son on Monday pinned his hopes on a small group of "winged unicorns" to save the performance of his $100 billion Vision Fund - although he gave few clues on which ones they would be.
Ping An Healthcare and Technology Co Ltd :
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at his $100 billion Vision Fund and distress at his big bets portending more pain.
SoftBank Group Corp <9984.T> founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at his $100 billion Vision Fund and distress at his big bets portending more pain.
China’s biggest corporate showdown has kicked off. Alibaba, Tencent and Ping An Insurance dominate e-commerce, video games and insurance respectively. Now the trio, worth a combined $1 trillion-plus in market capitalisation, is converging on healthcare.
As coronavirus cases surge in Indonesia, doctors are working double-time treating patients both at hospitals and online through healthtech startups - an approach that is quickly becoming part of the national healthcare system.
Japan's Shionogi & Co <4507.T>, creator of the blockbuster cholesterol treatment Crestor, said on Monday it would tie up with Ping An Insurance Group Co of China <601318.SS>, selling a 2.05% voting stake for 33.53 billion yen ($311 million).
China's Ping An Good Doctor said its healthcare venture with ride hailing firm Grab plans to hire hundreds of doctors in Indonesia after the spread of the coronavirus caused demand for online consultations in the country to almost double.
WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to $10 billion, two sources with direct knowledge of the matter said.
Spooked by a sneeze or a cough, Chinese consumers are turning to online consultations in droves for advice about possible coronavirus symptoms - a boon for a fledgling industry that has struggled to win over customers.
Ping An Healthcare and Technology Co Ltd :
For SoftBank Group Corp <9984.T>, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy.
The $100 billion Vision Fund of Japan's SoftBank Group Corp <9984.T> has in just over two years burnt through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.
Ping An Insurance's OneConnect financial technology unit has selected Goldman Sachs, JPMorgan and Morgan Stanley to work on its Hong Kong initial public offering (IPO) of up to $1 billion, people with direct knowledge of the matter said.
The SoftBank-led Vision Fund is hiring an investment team to be based in China as the $100 billion investment giant expands in one of the world's most vibrant tech markets, two people with direct knowledge of the move told Reuters.
Softbank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters.
* H1 net profit HK5.04 billion vs HK$3.49 billion year earlier
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.