Alibaba, Baidu, Tencent Riding Online Health Wave

By | December 31, 2015

Scalper1 News

China’s online health care market is expected to hit $3.2 billion in 2015, up 60%, according to a new report, and that’s good news for Baidu (BIDU), Alibaba Group (BABA) and Tencent Holdings (TCEHY). China’s big three Internet giants are expanding their health offerings there. A steady increase in the Internet penetration rate in China, which reached 48.8% in the first half of 2015, is driving the trend, according to Marbridge Consulting’s report. Scalper1 News

Scalper1 News