Medtech

Ping An Good Doctor raised $1.1 billion in an HK IPO earlier this month.

Ping An Healthcare and Technology is competing with Alibaba Health and Tencent-backed WeDoctor.

Investments in education, healthcare, AI industry, AR/VR, automotive, photography and furniture industries

The need for diagnostic products for common diseases is mounting among grassroots medical institutions.

The market space for primary care worth 450 billion yuan is opening to private institutions.

The UK company has just landed $28 million investment and is targeting another $120 million in the following months.

Ping An is the world’s 2nd largest insurer by market value only behind Berkshire Hathaway.

It’s the biggest funding round secured by a check-up service provider to date. Etong Healthcare aspires to become a Meituan- or Ctrip-like company in the healthcare industry.