Market Map
From drug discovery to insurance to fitness, we map out the healthcare startups in Baidu, Alibaba, Tencent, and Ping An's portfolios.
China’s biggest tech companies — Baidu, Alibaba, Tencent (BAT), and Ping An Insurance — are investing in transforming healthcare.
Following the country’s landmark new healthcare reform program launched in 2009, these tech companies (which collectively represent $1.1T in market cap) have increasingly invested in startups targeting primary care shortages, disparities in access and quality, high prevalence of chronic conditions, and a rapidly aging population.
From drug discovery to genomics to pharmaceutical distribution, we identify the tech giants’ healthcare portfolio companies and key investment strategies across the space.
key takeaways
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