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Yuanxin Tech seeks HK IPO at $2.7B valuation with Sequoia China, Tencent backing

Yuanxin Tech, a Beijing-based health-tech company, has filed for its sixth attempt at an IPO on the Hong Kong Stock Exchange. The company is seeking a valuation of 19.5 billion yuan (approximately $2.7 billion). Its business model connects online medical consultations with offline pharmacy services, and it has received backing from prominent investors such as Sequoia China and Tencent. AI

排序理由 Company files for IPO with significant valuation and backing from major investors. [lever_c_demoted from significant: ic=1 ai=0.1]

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Yuanxin Tech seeks HK IPO at $2.7B valuation with Sequoia China, Tencent backing

报道来源 [1]

  1. Pandaily TIER_1 English(EN) · [email protected] (Pandaily) ·

    Beijing-Based Health-Tech Unicorn Yuanxin Tech Files for HKIPO at $2.7B Valuation

    Yuanxin Tech, connecting online doctors and offline pharmacies, files for its sixth HK listing attempt with a 19.5 billion yuan valuation backed by Sequoia China and Tencent.