1-Year Price Change: Up about 18%
Chinese group Alibaba is best known as an e-commerce and, increasingly, a cloud computing company. In online shopping, it has around a billion global annual active consumers, including about 800 million consumers in China and 200 million outside China. But its healthcare focus is also becoming increasingly important for the group.
Alibaba’s management highlights, “Alibaba Cloud is committed to apply data intelligence to help doctors and nurses offer better healthcare services to patients and ultimately save more lives.” Alibaba is also putting resources into the Internet of Things (IoT) with applications in healthcare, including the digitization of medical information and processes.
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