Medical Portal Dxy.cn Lands USD 100 Mln Series D from Trust Bridge, Tencent

iYiou, 4/10/18

Guanlan Network, operator of online medical portal Dxy.cn, has completed more than USD 100 mln in Series D funding led by Trust Bridge Partners and with participation from prior-round investor Tencent (0700.HK), according to reporting in the National Business Daily. The funding would give Dxy.cn a valuation of USD 1.0 bln.

Dxy.cn confirmed the news to iYiou and added that it completed the round in the second half of 2017.

Editor's Note: For more information on Tencen't previous investment in Dxy, please see Tencent Invests USD 70 Mln in Online Medical Portal DXY, MD 9/02/14 issue.

Keywords: VC M&A online healthcare mobile healthcare wireless Internet funding valuation Tencent Series D 0700.HK Trust Bridge DXY Guanlan

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily