Medical big data firm LinkDoc Technology Ltd. HONG KONG, July 8 (Reuters) - Chinese medical data group LinkDoc Technology Ltd has shelved plans for an IPO in the United States following Beijing's clampdown on overseas listings by domestic firms, according to three sources with direct knowledge of the matter. IPO, nine months after its 11th hour halt to the listing. The ride-hailing firm tanked by a further 5.4% on Wednesday to trade at $11.91, well below its initial offering price of $14.Ĭhina’s biggest internet firms have lost a combined $823bn in market value since February according to a Bloomberg report. Photo: VCG Money-losing medical services provider LinkDoc Technology Ltd. LinkDoc has formally withdrawn its plan to raise 200 million from a U.S. Shares of Didi closed about 20% lower on Tuesday as the US markets opened after an extended 4 July holiday.
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Regulators later announced probes into recently US-listed Kanzhun and Full Truck Alliance on the grounds of national data risks. Up-to-date LinkDoc Technology Beijing Co Ltd company overview including funding information, company profile, key statistics, peer comparison and more. Tuesday’s news followed China’s Didi app ban over the weekend, which came just days after the ride-hailing company made its debut on the New York Stock Exchange. Rules covering domestic companies’ overseas fundraising and initial public offerings would also be amended, it added. By Will Feuer China-based medical data company LinkDoc Technology Ltd. On Tuesday China’s state mouthpiece, the Global Times, said that Beijing would be introducing new regulations for cross-border data flows and security. Provide the latest LinkDoc Technology(LDOC) market data, including prices. Healthcare IT firm LinkDoc Technology is set to withdraw its initial public offering (IPO) in the United States following China’s crackdown on offshore listings, Reuters reported today.
Read more : Hong Kong close to erasing 2021 gains while rest of Asia falters.XLY Consumer Discretionary Select Sector SPDR Fund LinkDoc () is artificial intelligence and medical big data platform which has a global large-scale and large-scale medical big data resource library. The issue, then, is how tech startups should strike a balance between aiming too high and taking a faster route. TECL Direxion Daily Technology Bull 3X SharesįNGD MicroSectors FANG+ Index -3X Inverse Leveraged ETN SOXL Direxion Daily Semiconductor Bull 3X Shares
The other investors in this round are not disclosed.UVXY ProShares Ultra VIX Short-Term Futures ETF The company was established as a vehicle to diversify China’s foreign exchange holdings. Headquartered in Beijing, China Investment Corporation (CIC) was founded in 2007 as a wholly state-owned company, with registered capital of US$200 billion. Beijing, China-based LinkDoc was founded to develop an online community between physicians and cancer patients that helps.
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In 2015, it also raised an undisclosed series A round from New Enterprise Associates. can be found in the following link: DOC UNSPSCs Mapped to F/PSCs Try a one-hour.
comes as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant's valuation. UK Postcodes Method of access (e These include, but are not limited to. Medical big data firm LinkDoc Technology Limited. Timeline: Didi Global's short-lived journey as a US-listed company Didi's decision to delist in the U.S. IPO, nine months after its 11th hour halt to the listing. (Bloomberg) - LinkDoc Technology Ltd., a Chinese medical data company, is seeking to raise money in a private fundraising, according to people familiar. In 2016, the firm raised an undisclosed series B round led by China Broadband Capital, and participated by Ally Bridge Group, Cenova Capital and New Enterprise Associates. LinkDoc has formally withdrawn its plan to raise 200 million from a U.S. It has partnered with about 500 first-tier hospitals in more than 30 provinces and regions in China. China Investment Corporation (CIC), a sovereign wealth fund has participated in a RMB1 billion (US$151 million) series D round in Beijing-based oncology, big data firm LinkDoc Technology Ltd.įollowing in the footsteps of retail and education, healthcare firms in China have been on the VC radar and have attracted considerable funding in the recent months.įounded in 2014, the company collects and standardizes healthcare data, covering more than 3,000 diseases, from hospitals and provides customized data for healthcare regulators, researchers, insurers and pharmaceutical companies.
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