/unnamed-984fee51fa4743d09e0a123ec903a3b1.jpg "sources didi keep linkdoc")
With an AI-powered approach, the typical workflow is more efficient because it draws from real-time rules, according to the report. Chinese medical data company LinkDoc Technology filed paperwork on Monday to list shares in the US, as China’s digital healthcare industry continues to grow in the wake of the coronavirus pandemic.
#Sources didi keep linkdoc manual#
Yu said Olive was developed to serve as the “ internet of healthcare” and aims to integrate the various information points while streamlining manual tasks using AI. YiDing Yu, chief medical officer of healthcare-centric artificial intelligence (AI) platform Olive, said the healthcare system is still buried in manual processes and paper flows. The intersection of healthcare and digital technologies has been instrumental in giving consumers better care at a more affordable price point. Integrated technology - chatbots, virtual visits and online tutorials - can advance services while also making statements easier to understand. The deal would have raised 211 million at the upper end of the indicated range. It had planned to sell 10.8 million shares between 17.50 and 19.50 each.
#Sources didi keep linkdoc tv#
Its share price surged some 43 percent since the listing.Ĭolin Mellon, senior vice president of healthcare and insurance solutions at Fiserv, said in a PYMNTS TV Trend Talk that the pandemic turned the spotlight on solutions that don’t benefit medical providers due to lack of engagement. LinkDoc filed for an initial public offering in the United States last month and was due to price its shares after the U.S. Alibaba Health Information Technology is reportedly among its backers.Ī competing AI-focused medical data platform - Yidu Tech- raised $610 million in a Hong Kong IPO in January, per Bloomberg. Sources: after the Didi crackdown, China-based fitness app Keep, podcasting platform Ximalaya, medical data analytics startup LinkDoc pause their US IPO plans (Financial Times). Negotiations are ongoing and could change regarding the size of the fundraise and the timing.įounded in 2014 in Beijing by Shan He and Tony Zhang, LinkDoc provides healthcare services that are steeped in big data and artificial intelligence (AI) to offer the latest in cancer-focused care. TikTok owner Bytedance, social e-commerce platform Xiaohongshu, fitness app Keep and medical data company LinkDoc Technology have all either shelved or scrapped plans to list in New York, according. The public filing could happen in Hong Kong but LinkDoc is still considering other potential venues for the IPO, the sources told Bloomberg. Costfoto / Barcroft Media via Getty Images. The Beijing-headquartered company is working with Bank of America, China International Capital and Morgan Stanley on the proposed share sale, according to the sources, per the news outlet. Didi’s headquarters in Xisanqi, Haidian District, Beijing, China on August 2020. “The one million-user threshold is very low and would basically apply to every internet company aspiring for an IPO.Chinese medical data startup LinkDoc Technology is planning to raise $500 million in an initial public offering (IPO), Bloomberg reported, citing sources. “These rules will push more Chinese internet firms to list in Hong Kong instead of in another country, to bypass such a review,” said Feng Chucheng, a partner at research firm Plenum in Beijing. Keep is the latest disaster for SoftBank, which is suffering heavy losses as many of its portfolio companies (including Alibaba) have tumbled in the aftermath of Didi’s troubles. So far this year, 37 Chinese companies have listed in the U.S., surpassing last year’s count, and raised a combined $12.9 billion, according to data compiled by Bloomberg. The regulator is seeking feedback on the proposed rules, which apply to listings in foreign countries specifically, before implementation. Regulators are also considering requiring VIEs like Alibaba that have already gone public to seek approval for additional share offerings in the offshore market, people with knowledge of the matter have said. Keep, Ximalaya, and LinkDoc call off their US IPO plans J9:17 pmhinese fitness app Keep, podcasting platform Ximalaya, medical solution provider LinkDoc. Chinas central bank said yesterday that anti-monopoly measures applied to e-commerce giant Alibaba (9988)-backed Ant Group will also be imposed on other payment service companies. Nov 11 Didi was preparing to relaunch its ride-hailing and other apps in China by the end of the year in anticipation that Beijing’s investigation into the company will be wrapped up by then, Reuters reported. through a so-called Variable Interest Entity model that the likes of Alibaba Group Holding Ltd. Nov 8 SoftBank Group Corp valued its Didi stake at 7.5 billion, 40 below acquisition cost. The move announced on Saturday, which confirms a previous report by Bloomberg, is one of the most concrete steps taken yet to restrain the ability of technology firms to raise capital in the U.S.
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