If you live outside of the country China, it can be convenient to forget that Alibaba’s business aspirations go far beyond e-commerce and into various aspects of daily life. This week, the industry took another step toward building its health business by making an investment worth RMB 225 million (about $35 million) in a medical imaging industry called Wanliyun Medical IT.
Once the investment closes, Alibaba Health Information Technology (Alibaba’s medical unit) will own 25% of Wanliyun, according to a filing with the Hong Kong stock exchange. In the disclosure, Alibaba Health stated that its mission is “to build an online community where it will link participants in China’s healthcare market” and that its investment in Wanliyun “will enable it to involve in the new and promising place of the use of cloud computing platforms to offer remote medical imaging services.”
Wanliyun’s majority shareholder is China Resources Wandong Medical Equipment, which was discovered in the year 1955 and is China’s 1st medical imaging company, in accordance to a Sina Tech report. Alibaba’s investment in Wanliyun is a continuation of its ongoing attempts to improve on present healthcare technology in the state China by using cloud computing.
No comments:
Post a Comment