Chinese express locker operator Hive Box bags $400m from Trustbridge, others
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Hive Box Holding Limited, the holding company of the Chinese delivery services and logistics giant SF Express, has secured $400 million from investors to deepen its market presence in the country, according to a company filing with the Shenzhen Stock Exchange on Friday.
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MedCity News
Online healthcare community DXY raises $500M
The Tencent-backed company, which offers a community for clinicians in China and consumer-facing information, raised $500 million in funding.
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DXY, an online community for clinicians in China, raised $500 million in funding. Private equity firm Trustbridge Partners led the funding round, along with Tencent and GL Ventures.
The Hangzhou-based company was founded 20 years ago by Li Tiantian, DXY’s current chairman. It started as an online platform for the medical community, where they could discuss best practices and new findings. Since then, it has built out a series of in-person clinics, as well as several consumer-facing resources, such as wellness advice or medical consultation services.
DXY completes USD 500 million financing, to enhance its professional role in healthcare sector
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HANGZHOU, China, Dec. 29, 2020 /PRNewswire/ On December 28, DXY, a leading digital healthcare technology company in China, announced the completion of a USD 500 million financing. This financing was led by Trustbridge Partners, and followed by Tencent Investment and GL Ventures. Li Tiantian, Founder and Chairman of DXY, said that the company will, driven by both two ends – physicians and the public, strengthen collaboration with professional doctors and enterprises, so as to give play to the expertise of all sides and be a guide for healthy life.
DXY, a 20-year-old online healthcare community for Chinese consumers and healthcare organizations like Pfizer, announced this week that it has raised $500 million in its Series E round led by private equity firm Trustbridge Partners. Existing backer Tencent and Hillhouse Capital's early-stage focused GL Ventures also participated in the round, which lifted the firm's total funding to over $680 million to date.
Financing round symbolizes explosive growth for digital health services By Fan Feifei | chinadaily.com.cn | Updated: 2020-12-28 18:01 Share A screenshot from the DXY app. [Photo/DXY]
DXY, a leading digital healthcare technology company in China, announced on Monday the completion of a $500 million round of financing led by Trustbridge Partners and followed by Tencent Investment and GL Ventures.
Li Tiantian, founder and chairman of DXY, said the company will concentrate on physicians and the public and strengthen cooperation with professional doctors and enterprises to give full play to expertise on all sides and be a guide for healthy life.