Tencent invests in online healthcare
Shanghai Daily, September 3, 2014 Adjust font size:
Tencent, China's largest Internet company by market value, said yesterday that it has invested US$70 million in online pharmaceutical and healthcare website DXY.cn, suggesting the company has spotted an opportunity in the healthcare management sector.
DXY will use the capital to develop software and services for healthcare specialists to provide them with information and offer general consumers basic healthcare knowledge.
Other goals include a database for medicines and diseases and to bridge the information gap.
DXY also plans to be a platform for medical practitioners to exchange academic ideas and experience.
DXY said it aims to serve mass consumers as well as doctors and pharmaceutical industry professionals.
Tencent hopes to tap DXY's industry expertise to serve its more than 600 million active users of its popular smartphone chatting tool WeChat. Meanwhile, DXY hopes to better connect doctors and medical practitioners with patients through WeChat and Tencent's mobile QQ platform.
"We hope to combine medical related data and expertise with hundreds and millions of users, and this will make health-related knowledge more easily accessible for ordinary Internet users," Tencent President Martin Lau said in a statement.
