Healthcare services

Tencent, CICC back medical crowdfunding portal amid scepticism

Unfazed by critics over the legitimacy of its business model, Chinese healthcare crowdfunding site Shuidi raises $145 million from a star-studded list of investors.

Chinese healthcare insurance portal Shuidi has raised over Rmb1 billion ($145 million) in series C funding, underscoring institutional investor support for the innovative business model despite widespread public scepticism over its crowdfunding service. 

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media