Longmaster Begins Internet Medical Deal With Chinese Search Engine

Guiyang-headquartered Longmaster Information & Technology Company Limited has signed a strategic cooperation agreement with Baidu to establish an Internet medical platform. With the strategic partnership, the two parties will also strive to improve awareness of Internet hospital brands and explore the value of medical big data. Using data from the hospital resources, Longmaster and Baidu […]

Tencent Makes USD70 Million Bet On Chinese Healthcare Social Networking

Tencent Holdings Limited is investing USD70 million into Ting Ting Group, the owner of Chinese online healthcare service community DXY.cn. Tencent gains a minority equity stake of DXY on a fully diluted and as converted basis, and the deal is expected to close soon. DXY plans to invest the capital into developing healthcare products for […]

Shanghai’s Lenian.cn Gains Investment To Boost Online Healthcare Sales

Shanghai-based e-commerce company Lenian.cn has gained a CNY20 million infusion from an investment management company in Hangzhou, China.

360buy.com Teams With Jointown To Explore Chinese Internet Medicine Sales

Chinese B2C e-commerce website 360buy.com has reportedly invested in Beijing Haoyaoshi Pharmacy Chain Company, a subsidiary of Jointown Pharmaceutical Group Company Ltd.

SFDA Exposes 30 Illegal Chinese Drug Selling Websites

China’s State Food and Drug Administration has published a bulletin in which it exposes 30 websites that have been allegedly selling fake medicines.

Revenue Rises In China for CDC Corporation

Hong Kong-based enterprise software and new media firm CDC Corporation announced financial results for the fourth quarter and year ended December 31, 2009, and stated total revenue in the quarter was USD83.0 million, compared to USD76.6 million in the third quarter of 2009.