Healthcare services

Tencent, CICC back medical crowdfunding portal amid scepticism

Unfazed by critics over the legitimacy of its business model, Chinese healthcare crowdfunding site Shuidi raises $145 million from a star-studded list of investors.

Chinese healthcare insurance portal Shuidi has raised over Rmb1 billion ($145 million) in series C funding, underscoring institutional investor support for the innovative business model despite widespread public scepticism over its crowdfunding service. 

¬ Haymarket Media Limited. All rights reserved.

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