Revealing Tencent’s Investment Map in the Medical Field

Tencent President Martin Lau said that investment has become Tencent‘s core strategy. Subsequently, the company has made investments across several core fields in the medical industry. It is now investing in cutting-edge technology and also focuses on weak points in the Chinese medical system, such as the rehabilitation and pension industry and the AED field.

One of Tencent‘s biggest deals in the medical field this year was the stake it took in automated external defibrillator (AED)-focused $Jiangsu Yuyue Medical Equipment & Supply(002223.SZ)$. Read more

Chinese media outlet VBdate found that Tencent has deeply participated in the medical industry chain. The company has invested in $Waterdrop(WDH.US)$ during its angel-round financing and $思派健康(临时代码)(810222.HK)$ in its B-round financing. Through mergers and acquisitions, Tencent can strengthen its competitiveness in the field of internet healthcare, and it can also ensure that it will not fall behind in the reform of internet healthcare.

Leveraging the AI technology that Tencent excels at, it has carried out in-depth cooperation to develop “AI + pathology” products alongside medical firm $Shenzhen Mindray Bio-Medical Electronics(300760.SZ)$. Besides, within the internet medical industry, $Johnson & Johnson(JNJ.US)$ China’s personal health care division announced a comprehensive strategic partnership with Tencent in March of this year.