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AliHealth Invests $35 Million for Stake in Remote Medical Imaging Company

publication date: Mar 29, 2016
AliHealth, a subsidiary of China e-commerce giant Alibaba, will invest $35 million to acquire a 25% stake in China Resources Wandong Medical Equipment's medical imaging unit. The unit, Wanliyun Medical Information Technology (Beijing), builds cloud-based big data medical imaging platforms along with cloud storage to support remote medical imaging services. AliHealth and Wanliyun will build a third-party imaging center to provide remote medical image diagnosing for patients, physicians and hospitals. More details....

Stock Symbols: (NYSE: BABA) (SHA: 600055)

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