sources didi ximalaya linkdoc us ipotimes

The lastest financing round was in March 2021. LinkDoc, as the first unicorn in the area of medical AI and big data, has finalized six rounds of financing backed by leading medical industry investors including Alibaba Health Information Technology Ltd (0241: HK), Temasek and Lake Bleu Prime Healthcare Master Fund since its establishment in 2014. However, loss widened in the first quarter of 2021 to CNY 80 million from 56 million in 2020. The corresponding net operating loss was CNY 138 million in 2021, an increase of 116% from CNY 64.15 million in 2020.įrom 2019 to 2020, the adjusted net loss narrowed to CNY 232 million from CNY 389 million. In the first quarter of 2021, the operating loss was CNY 90.216 million compared with CNY 59.08 million during the same period in 2020. The corresponding net operating loss was CNY 434 million and CNY 488 million. It is the first Chinese firm known to have pulled back from IPO plans since China's cybersecurity regulator toughened its approach to oversight. LinkDoc recorded an operating loss of CNY 408 million and CNY 250 million in 20 respectively. HONG KONG (Reuters) -Chinese medical data group LinkDoc Technology Ltd has shelved plans for an IPO in the United States due to Beijing's clampdown on overseas listings by domestic firms, according to three sources with direct knowledge of the matter. The Cyberspace Administration of China said it fined Didi 8.026 billion yuan (1.19 billion) after deciding the company violated China’s network security law, data security law and. In the first quarter of 2021, they took a combined 80.2% of the total revenue, 6.8% lower than a year earlier

About 75% and 85.5% of the total revenue in 20 was from them. The prospectus also showed that most of the earnings came from the sales of medicines and health care products. In the first quarter of 2021, LinkDoc generated CNY 223 million in revenue, compared to CNY 159 million in the same period in 2020. It is said that LinkDoc shelved the plan due to toughened Chinese cybersecurity regulations on overseas-listed companies.Īccordig to its latest prospectus, LinkDoc’s revenue rose to CNY 941.6 million (USD 148 million) in 2020 from CNY 4.99 billion in 2019, up 89% year on year.

However, it called off the process on July 9. Faced with Possible Effects of Didi App Removal, Chinese Companies Keep, Ximalaya and LinkDoc Cancel IPO Plans in US Jul 09, 2021, 13:07pm 9 20:11:02 Pandaily The Financial Times reported on Thursday that Keep, a Chinese sports-oriented social platform, and Ximalaya, the largest podcast platform in China, have both cancelled previous IPO plans in the United States during recent weeks.

On July 1, 2021, LinkDoc updated its IPO prospectus after it was first filed in June of the same year. LinkDoc Technology recently withdrew its IPO application in the US market after a nine-month halt to the process.

Sources didi ximalaya linkdoc us ipotimes