Tencent Investment was among the participants in late-stage round for the online medical information and social networking service.
China-based online medial community operator DXY closed a $500m financing round yesterday that included Tencent Investment, a corporate venturing subsidiary of internet group Tencent.
Growth equity firm Trustbridge Partners led the round, which also featured hedge fund manager Hillhouse Capital’s venture capital arm, GL Ventures.
Founded in 2000, DXY operates an online platform where physicians can share expertise, and has expanded into consumer-facing medical advice, medical staff recruitment and online consultations. It has some 5.5 million professionals on its platform…
