Alibaba Health Information Tec 00241.HK

Ali Health was founded in Kuala Lumpur in 2015 and is a technology company that owns, develops and markets healthcare mobile apps, omni-channel pharmaceutical and healthcare products and online services to assist doctors, hospitals and patients worldwide. Ali Health’s solutions improve the physician and nurse workflow, streamline administration, reduce costs and enhance patient safety.

Ali Health declared its mission to make good health achievable at the fingertips and to facilitate medicine through big data capabilities. In addition to the company’s app, Doctor2U, Ali Health operates an e-commerce marketplace for health services and products under the same name. The group also covers aesthetic medicine, physical examinations, vaccinations, oral health, and more.

The company has strategic partnerships with a number of well-known international pharmaceutical companies, including Merck Sharp & Dohme, SANOFI, GlaxoSmithKline, AstraZeneca and Merck.

In fiscal 2019, the group reported revenue and gross profit of RMB5,095.9 million and RMB1,331.3 million, representing significant year-on-year growth of 108.6% and 103.9%, respectively. Add this instrument to your watchlist and get the latest updates on 0241.HK price movements.