Tencent

Above photo: Dr. Ali Parsa, Founder & CEO of Babylon Health. Credit: Babylon Health

By Dean Koh April 16, 2019
With the ambitious mission to put an accessible and affordable health service in the hands of every person on earth, Babylon Health, an AI-powered smartphone app, was founded in January 2013 and launched to the public in April 2014. The company’s app, available on iOS and Android devices, allows users to book a video consultation with a doctor or a therapist, send photo or text messages to get...

PatientsLikeMe founder Jamie Heywood and iCorbonX founder Jun Wang pose together.

By Dave Muoio April 4, 2019
A Chinese firm holding the majority stake of PatientsLikeMe, an online network for information, support and study recruitment for chronic conditions, is facing pressure from a US federal committee to sell its shares of the company due to concerns of foreign investment and influence, according to a CNBC report citing anonymous insiders. iCarbonX, a health data and genomics company founded by...

From left to right: (Ying Tang, Vice President, Head of Business Operation, Healthcare, Merck China; Rogier Janssens, Managing Director and General Manager, Biopharma, Merck China; Chris Round, Executive Vice President, Head of International Operation & Global Core Franchise, Healthcare, Merck; Meng Zhang, Vice President, Tencent Medical; Jordan Liu, Strategy and Business Development Director, Tencent Medical)​. Photo credit: Merck

By Dean Koh January 24, 2019
Yesterday, Merck, a German multinational pharmaceutical, chemical and life sciences company, and Tencent, a Chinese multinational investment holding conglomerate, signed a strategic collaboration agreement. The collaboration will primarily focus on increasing public disease awareness and providing more accessible healthcare services via digital platforms in China. “In this collaboration with...
By Laura Lovett November 6, 2018
During the third quarter of 2018, the digital health space has seen a slew of deals with healthcare providers in the US, UK and elsewhere around the world. While telemedicine has continued to be a trend within the provider space, health systems are starting to turn their attention to some of the latest cutting-edge technology, such as voice.  But as these technologies advance, some physicians are...
By Laura Lovett July 26, 2018
WebMD goes to China. WebMD is teaming up with Chinese tech giant Tencent in a deal that would introduce the health information platform to Asia. This means that WebMD’s services will be translated into Chinese and localized to suit the Chinese population.  “The agreement between WebMD and Tencent has the power to make a difference in the health of the Chinese people,” said Meng Zhang, general...
By Aditi Pai November 23, 2015
San Francisco-based Circle Medical, which has developed a doctor house call app, raised $2.9 million in a round led by Collaborative Fund with participation from Tencent, Real Ventures, Kima Ventures, Paul Buchheit, a partner at Y Combinator, and YouTube cofounder Jawed Karim, according to Venture Beat. There are a number of other app-based house call services on the market, but Circle Medical's...
By Aditi Pai September 24, 2015
CliniCloud, which started taking preorders for a smartphone connected medical kit in February, has raised $5 million in a round led by Tencent and Ping An Ventures, the investment arm of a China-based insurance, finance, and banking conglomerate. The company also announced that Best Buy will carry its offerings in US- and Canada-based stores starting this holiday season. “This funding round is an...
By Aditi Pai September 14, 2015
Two important, but unrelated, international digital health transactions made headlines in the past week: China-based Quyi, which develops medical apps, raised $40 million, and India-based Practo, which offers a practice management tool and a doctor search engine, has acquired hospital data management offering Insta Health. The funding round for Quyi was led by Chinese search giant Baidu,...
By Aditi Pai February 10, 2015
Over the past few months China-based WeChat, an instant messaging app that has around 500 million active users, has added fitness tracking integration into its app, according to a post from TechInAsia. WeChat is a subsidiary of Tencent. The WeChat app is available in the US, Hong Kong, India, China, Thailand, and Indonesia, although the new feature is currently only available in Chinese. WeChat...