Alibaba Health-Backed LinkDoc Plans $500 Million IPO - (Bloomberg via NewsPoints Desk)

  • According to people with knowledge of the matter, LinkDoc Technology is planning an initial public offering (IPO) that could raise about $500 million as soon as this year, as reported Bloomberg on Wednesday.

  • The Beijing-based medical data company is still considering potential venues for the IPO including Hong Kong, the people said.

  • The people added that deliberations are ongoing and the fundraising size and timing may change.

  • LinkDoc says it provides cancer focused healthcare services built on big data and artificial intelligence.

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