![]() ![]() The group includes Lake Bleu Capital, Temasek Holdings, UBS Asset Management, Hudson Bay Capital, and Sage Capital. #Sources chinabased ximalaya linkdoc ipotimes OfflineĪlibaba's affiliate would spend USD25 million.įounded in 2014, LinkDoc offers its diagnostics and treatment information services to cancer patients in China via its online and offline platforms. It had set up 34 service centers in 28 provinces with more than 400,000 registered patients by March. The startup has completed five rounds of financing. The latest one was in March, participated by the Hangzhou-based e-commerce giant. Alibaba currently is the fifth-largest shareholder with its 8.4 percent stake in the IPO-hopeful. But founder and Chief Executive Zhang Tianze has 19.7 percent of the equity, resulting in the biggest stake. In 2020, LinkDoc widened its net loss by 12 percent to CNY489 million (USD75.4 million) from 2019 due to its high research and development, as well as labor costs. Its revenue surged 89 percent to CNY942 million.LATEST China Chip Gear Ban May Whack $2.5 Billion Off Lam’s Revenue Cover Story: The Sweeping Impact of New U.S. Semiconductor Restrictions TikTok Dives Into Southeast Asia With E-Commerce Push Cover Story: TikTok Is The World's Most Popular App. #Sources chinabased ximalaya linkdoc ipotimes licenseĬyberattack Targeted China’s Key Telecom Infrastructure Nvidia Has ‘Alternatives’ to Restricted Chips for Chinese Market, Chief Says XPeng Diversifies Battery Sources, Reducing Reliance on CATL Chipmaker Sanan Denies Another Executive Detained as Crackdown Deepens Another ‘Big Fund’ Honcho Under Corruption Probe In Depth: New Battle Lines Emerge in China’s Shifting NEV Market Dongfeng’s EV Unit Seeks to Bring In New Investors NetEase Wins First Video Game License in 14 Months Fitness App Keep Renews Hong Kong Share Sale Plan China Issues Guidelines for New Data-Transfer Regulation Pinduoduo Takes Aim At U.S. Expands Export Sanction to Seven More Chinese Tech Firms With Cross-Border E-Commerce Platform Baidu Swings Back to Profit Even as Revenue Slips Anti-Graft Crackdown Nets Another Semiconductor Veteran U.S., Europe Expected to Take Bigger Bite of Global Power Battery Production by 2026 China Charts Course for Self-Flying Cars U.S. Ximalaya is seeking to raise funds at about $3.5 billion valuation as the Chinese online podcast and radio services startup looks to expand further, according to people familiar with the matter. #Sources chinabased ximalaya linkdoc ipotimes Offline.#Sources chinabased ximalaya linkdoc ipotimes license.
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