Tencent-backed online insurer Waterdrop seeks to widen health policy coverage for China’s poor, founder says

Tencent-backed online insurer Waterdrop seeks to widen health policy coverage for China’s poor, founder says

South China Morning Post - Tech·2021-05-10 17:10

Waterdrop founder Shen Peng said the company aims to serve as the ‘Pinduoduo’ of the country’s health insurance market

The company raised US$360 million from its IPO in New York amid questions about its business model and profitability

Tencent Holdings

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