WeDoctor Group, the Tencent and Fosun-backed online health services company formerly known as Guahao, has received $20m from Shandong Tyan Home.

Real estate developer Shandong Tyan Home has agreed a $20m investment in China-based, corporate-backed online health services provider WeDoctor Group, China Money Network has reported.

Formerly known as Guahao.com, WeDoctor’s core business revolves around its online healthcare appointment booking and medical consulting platform, which it claims has signed up more than 100 million registered users and 190,000 doctors.

The company is looking to source $150m to fund the establishment of five brick-and-mortar surgeries, and also intends to extend the range…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?