Tencent Leads $100M Investment In Chinese Medical Service Guahao

Chinese users can schedule medical appointments, find hospitals and doctors, and rate their experience on Guahao. Though backed by Tencent, Alibaba may soon steal their thunder.

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Guahao.com, an online medical service provider, announced that they raised over $100M of funding in a round led by Tencent on Monday.

According to the announcement, Guahao’s Weiyi mobile apps, which connect patients and doctors, will be integrated into Tencent’s mobile apps WeChat and Mobile QQ.

In Chinese, Guahao means scheduling a patient appointment, which is what the company started off doing in 2010. Since then, Guahao.com has added more than nearly 1,000 hospitals in 23 regions of China.

Users can find hospitals and doctors on the site, schedule appointments, read medical tips as provided by doctors, and rate hospitals and doctors. The site has more than 37 million verified users and 120,000 registered doctors, according to the company.

Weiyi is a newly established service which expands existing offerings to mobile payments, medical record keeping, and further interactions between doctors and users. The app will be officially launched later this week.

Medical startups are starting to boom in China

Medicine and healthcare have become another vertical industry, like transportation and mobile commerce, where the Chinese internet giants have begun jousting for advantage. Alibaba announced a Future Hospital plan earlier this year that would add features similar to what Guahao has and will be integrated with Alipay Wallet, the flagship mobile app of the Chinese e-commerce giant.

Before Guahao, Tencent invested $70 million in Dingxiangyuan (DXY), a Chinese online medical service which is focused on medical and health information and hospital data.

This post was originally published on TechNode

 

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