Hong Kong: WeDoctor IPO expected before the summer

Jerry Liao, Victor Fung and Ben Chang at the idsMED and WeDoctor JV signing ceremony in 2018

Long-expected, Tencent-backed healthtech platform WeDoctor is likely to push the button in its initial public offering in Hong Kong before the summer. The company raised US$400m in a pre-IPO round from Sequoia Capital China and Millennium Management at the end of last year. The company now has a valuation of around US$6.8bn, according to Bloomberg….

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