Ant Group, the China-based fintech powerhouse, is reportedly pursuing the acquisition of Haodf.com, one of the country’s leading Internet healthcare platforms. This shift in negotiations comes after Alibaba Health Information Technology Ltd (HKG: 0241), Ant’s sister company, previously engaged in discussions with Haodf.com, according to local media sources.
The two companies had established a framework for business cooperation in late June, as indicated by sources familiar with Alipay’s healthcare division. Haodf.com has been accessible through the Alipay healthcare channel, enhancing its visibility among users.
Founded in 2006, Haodf.com has successfully completed four financing rounds, including a Series D round in 2017 that raised approximately USD 200 million. The platform boasts a vast database, featuring information on over 10,000 hospitals and 930,000 physicians, and facilitates online consultations for patients seeking medical advice.- Flcube.com
