Why WeDoctor took its $500m injection from unlikely sources

Two leading Hong Kong conglomerates, AIA Company and NWS Holdings, join CICFH as lead strategic investors in the Tencent-backed internet healthcare platform.

Why WeDoctor took its $500m injection from unlikely sources

Eschewing more traditional financing avenues, Chinese healthcare unicorn WeDoctor has tied up financing from two seemingly unlikely sources a property developer and an insurance giant.

The company announced on Tuesday its latest round of funding, worth some $500 million and valuing the start-up at some $5.5 billion, according to its statement. The funding round was led jointly by insurer AIA and developer New World Holdings, and an undisclosed investment from CICFH.

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