The Alibaba-backed medical data software provider has reportedly halted plans for a $211m offering due to regulatory concerns.
LinkDoc, the China-headquartered medical data technology provider backed by e-commerce firm Alibaba, has postponed plans to go public, DealStreetAsia reported yesterday, citing three sources with direct knowledge of the matter.
Founded in 2014, LinkDoc provides healthcare data management software and made a $75m net loss in 2020 from $144m in revenue.
The company filed for an initial public offering on the Nasdaq Global Select Market last month and set a price range on Wednesday of $17.50 to $19.50…
