Chinese pharma app seals $133m series D funding

Pharmaceutical trading platforms like Yaoshibang help stores in dispersed and remote cities to meet the increasing demand of patients.

Chinese pharma app seals $133m series D funding

Chinese B2B pharmaceutical trading platform Yaoshibang has completed its $133 million Series D fundraising on Monday.

Tiger Global, H Capital and DCM Ventures all participated.

Proceeds will be used to hire more talent and to improve platform security.

Yaoshibang is a B2B platform which connects pharmaceutical companies, drug stores and clinics. It sells medicines wholesale together with software services so that chemists can track purchases. Launched in...

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