Why Alibaba Health is going offline for pharmacy deal

Investors obviously have strong confidence in China’s pre-profit online healthcare sector. But even a leading player like AliHealth is striving hard for positive cash flows.

Why Alibaba Health is going offline for pharmacy deal

China's healthcare sector is red hot and for good reason. The world's most populous country is greying fast, and its healthcare system has failed to keep pace with a rapidly aging society.

It's therefore no wonder that investors have swooned over companies promising to harness technology to transform the patient experience, especially when a major corporate name is involved.

That has benefitted the likes of Ping An's Good Doctor and Tencent-backed We...

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