AliHealth Invests $35 Million for Stake in Remote Medical Imaging Company
March 29, 2016 at 07:03 AM EDT
AliHealth, a subsidiary of China e-commerce giant Alibaba, will invest $35 million to acquire a 25% stake in China Resources Wandong Medical Equipment's medical imaging unit. The unit, Wanliyun Medical Information Technology (Beijing), builds cloud-based big data medical imaging platforms along with cloud storage to support remote medical imaging services. AliHealth and Wanliyun will build a third-party imaging center to provide remote medical image diagnosing for patients, physicians and hospitals. More details.... Stock Symbols: (NYSE: BABA) (SHA: 600055) Share this with colleagues: // //