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Alipay, WeChat Pay Launches Health-Rating QR Codes to Track
WEBBeijing (PingWest)- Alibaba’s Alipay and Tencent’s WeChat Pay have released a health-rating system that uses colored QR codes to help Chinese authorities to track coronavirus as millions of Chinese are resuming work after the extended Lunar New Year Holiday.Health-rating QR code has been deployed in more than 100 cities across China …
Actived: Just Now
Drinking, Smoking Affect Your Health Score, Says China's …
WEBMeanwhile, lifestyle choices that are considered bad for health but otherwise very common among certain age/gender groups in China, would decrease one's health score. Drinking 200 milliliters of Baijiu, Chinese people's favorite liquor, would cut down one's score by 1.5, while smoking 5 cigarettes a day causes a deduction of 3 points.
Zhiyun Health Raises USD144million in Series C+, D rounds
WEBBeijing (PingWest)- Chinese digital healthcare service platform Zhiyun Health has raised a total USD144million in series C+ and series D financing round.The two rounds were led by CMB International and SIG Asia Investment from the participation of OP Financial and South Korean investment firm LB Investment.The company will use fresh capital to …
‘996’ Working Hour System: Why Does it Happen
WEB996 refers to a working system that requires employees to work from 9:00 AM to 9:00 PM, six days a week. On March 26, a couple of Chinese programmers created a 996.ICU repository on Github to protest overtime work. PingWest interviewed several employees working at Internet giants or startups, but surprisingly they did not complained much …
China’s Medical AI industry booms as regulation gives green light
WEBThe aging population poses a challenge to the national medical care system but also gives industries like medical AI a chance to shine as the silver economy booms. The average monthly basic pension was about 170 yuan (US$21.75) in 2020, while a total of 51.7 billion yuan (US$8 billion) was spent on the welfare of elderly people.
ByteDance owns hospitals now, and China's healthcare sector
WEBByteDance will officially enter the healthcare sector in May of 2020 following the acquisition of Baike Yidian, an online medical encyclopedia platform, for 500 million yuan. After being rebranded as "Xiaohe Yidian," the site operated as a portal to ByteDance's online medical and popular science database. The company in December 2020 acquired
AI cancer screening service provider Landing Med bags 320 …
WEBLanding Med has recently completed an RMB 320 million Series D round of financing led by Alibaba Health and followed by Ether Capital, according to a 36kr report. Details:Founded in 1999, Wuhan-based Landing Med focuses on proving AI cancer screening services. The company has 12 subsidiaries, 5 large AI labs, and 67 small and …
Ping An Healthcare and Technology Partners with 50 Chinese
WEBPing An Healthcare and Technology (also known as Ping An Good Doctor) , an online healthcare service platform of Ping An Insurance, has reached an agreement with nearly 50 hospitals across China, including the Aviation General Hospital of China Medical University, Sichuan Second Traditional Chinese Medicine Hospital, and the Fourth …
Chinese Wellness E-Commerce Platform Ecmoho Files for USD …
WEBBeijing (PingWest)—Ecmoho, online marketplace for non-medical wellness products, has filed with the Securities and Exchange Commission (SEC) to raise USD 150 million in an initial public offering (IPO) in the US. The planned IPO comes as China’s health and wellness industry, which encompasses both medical and non-medical services and …
ByteDance makes foray into health sector and acquires one of
WEBAmcare, a private women and children hospital, known for its high end services, has been acquired by ByteDance, the owner of Douyin and TikTok. Amcare is now wholly owned by Xiaohe Health Hong Kong and Xiaohe Health Beijing, two ByteDance affiliates. The value of deal has not been disclosed.Amcare operates right hospitals in …
Coronavirus Epidemic Update: Confirmed Cases Climb, Supplies
WEBThe deadly 2019 Novel Coronavirus has sickened more than 7,700 people in China and reached Europe, North America and Southeast Asia so far. As the original host of the virus remains unclear, China is in a tough battle with the unseen enemy.
Category: Coronavirus Go Health
Tencent expands healthcare business with US$41.5 million
WEBTencent Holdings has expanded its burgeoning healthcare businesses with new US$41.5 million investment in Xunjie Medical.According to an exchange filing by Jiangsu Yuyue Medical Equipment & Supply Co to the Shenzhen Stock Exchange on Monday, Tencent plans to buy a 19.5 per cent stake in its subsidiary Jiangsu Xunjie …
Used Across China, Health Codes Pose Major Privacy Loopholes
WEBJi told PingWest that his green Hubei health code wasn't recognized in Beijing, and he was subject to another 14-day mandatory quarantine. According to the government, a person's health code is determined by three factors: Travel history, duration of time spent in an outbreak-stricken area, and relationships to potential carriers of the …
Alibaba Executive Jiang Fan Steps Down from Legal Person
WEBBEIJING (PingWest) — Alibaba’s executive Jiangfan, who was demoted due to personal scandal in April, stepped down from legal person, president and general manager of Ali Health Information Technology Ltd’s Subsidiary, named Hangzhou Defu Health Management Co. Ltd, according to JRJ.com, citing Tianyancha, Chinese leading search …
Chinese telehealth provider PingAn launches 24/7 Covid
WEBPing An Health, one of the biggest telehealth provider in China, has launched an “online Covid consultation zone”, which provides users with 24/7 free consultation and advices from doctors, and also contains professional advice on traditional Chinese medication, lung disease consultation, and child protection tips.On December 7, China issued the “Notice …
JD founder Richard Liu cashs out nearly US$1 billion from e
WEBJD. JD founder Richard Liu cashs out nearly US$1 billion from e-commerce giant. Aron Chen. posted on June 27, 2022 9:30 pm. Richard Liu has an estimated fortune worth $13.9 billion on the Forbes Real-Time Billionaires List today. He has already sold Nasdaq-listed JD.com stock and Hong Kong-listed JD Health shares worth a combined …
Celebrities’ Photos, Other Info Leaked Due to Privacy Flaw
WEBAround 70 Chinese celebrities' facial images were circulating online since last Sunday. Those affected include Jackson Yee of the boy band TFBoys, actress Yang Mi, pop singer Cai Xukun and many more. Images leaked are mostly their selfies without makeup used by them to register with Beijing's COVID-19 tracking app Jiankangbao, …
ByteDance Acquires Medical Encyclopedia Site, Stepping Into …
WEBBeijing (PingWest)—ByteDance, the parent company of TikTok, finished the acquisition of online medical encyclopedia and healthcare service platform Baikemy.com on May 15, according to Qichacha, a business information database.Yan Shou, head of the ByteDance’s strategic investment and gaming businesses, has taken over management …
Joseph Tsai Acquires 51% Stakes in Brooklyn Nets For Record …
WEBBeijing (PingWest)- Joseph Tsai, the billionaire co-founder of e-commerce giant Alibaba, is finalizing a deal to buy 51% stake in Brooklyn nets from controlling owner Mikhali Prokhorov.The expected USD2.35 billion purchase price of the NBA team would be the highest price ever paid for a sports franchise.The 55-year-old Alibaba co-founder who …
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