Tencent and Meituan Dianping-backed healthcare crowdfunding platform Waterdrop has reportedly added $200m to its coffers and pushed its valuation to $2bn.
Waterdrop, a China-based healthcare insurance and crowdfunding platform backed by corporates Meituan Dianping and Tencent, has raised approximately $200m in funding, Bloomberg reported yesterday, citing people familiar with the matter .
The round valued the company at $2bn, and Sina reported that it was led by a large international insurance provider.
Also known as Shuidi, Waterdrop provides three services through Tencent’s messaging, mobile payment and social media app, WeChat: a healthcare insurance brokerage, a cancer-focused mutual aid offering and a…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
