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Shuidichou Closes $74 Million Series B for Internet Health Insurance Platform

publication date: Mar 27, 2019

Beijing-based Shuidichou completed a $74 million Series B funding round led by internet giant Tencent Holdings to support its internet health insurance programs. Founded in 2016, Shuidichou operates three separate businesses: a medical cost crowdfunding platform, an online medical community and a medical insurance platform. The company's services are aimed at third, fourth and fifth tier China cities. Its medical cost crowdfunding site, which the company describes as free, has raised $1.8 billion for over 1 million people. More details....

Stock Symbol: (HK: 0700)

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