Tencent, Swiss Re, IDG, Others Invest USD 230 Mn in Insurtech Waterdrop

Financials Aug 20, 2020 05:16 PM (GMT+8) · EqualOcean

Online insurance platform Waterdrop has completed its Series D, raising USD 230 million from Swiss Re, Tencent, IDG and a few other investors. Powered by the booming Chinese insurance market, Waterdrop is certainly in the global investors' scope. It has received a total of CNY 2.2 billion in less than two years.

This text is a result of machine translation.

Related companies：

Waterdrop

Briefing Oct 27, 2023 08:24 AM · Consumer Staples | Financials

Anjoy Foods Q3 Net Profit Totaled CNY 386 million, with an Impressive YoY Increase of 63.75%

Briefing Sep 23, 2023 01:43 AM · Consumer Staples | Financials

China's Outbound Non-financial Direct Investment Increased 18.8% YoY

In-depth

Financials

10 Domestic Companies to Watch in China’s Insurtech Industry

The insurtech industry continues to experience a leap in investor enthusiasm into 2022

Mar 12, 2022 08:10 AM

Briefing Jun 28, 2022 04:29 PM · Healthcare

Shuidi company has established a new pharmaceutical innovation division to further develop the pharmaceutical direction

Briefing Jun 17, 2022 06:03 PM · Financials | Consumer Discretionary

618 installment sales exceeded the annual peak by 40%: the advantages of consumption scene and high-quality customer group were highlighted

Research

Financials

2021-2022 Digitalization in Finance: A New Three Dimensional View

Apr 21, 2022 07:07 PM

Research

Technology, Consumer Staples, Financials

China Big Tech Crackdown Winners 2021

Jun 29, 2021 11:48 PM

Research

Financials, Technology

The Star Market Overview 1Q 2021

May 03, 2021 09:18 AM

Research

Technology, Healthcare, Financials

WIA2020 | 30 Tech Entrepreneurs in China

Apr 22, 2021 03:11 PM

Briefing May 30, 2022 08:28 PM · Financials

PingPong Partners with Walmart to Optimize Payments for Global Merchants on Walmart’s US and Mexico Websites

Briefing May 16, 2022 11:26 AM · Healthcare | Financials

Academician Pan Yi and Professor Shen Bairong joined the Weiwei science and technology strategy committee

Briefing Apr 23, 2022 04:46 PM · Financials

The new generation of personal business distributed core system of postal savings bank was fully put into operation

Briefing Apr 22, 2022 05:12 PM · Financials

Tian Huiyu, former party secretary and President of China Merchants Bank Co., Ltd., was investigated

Automotive

Tencent-backed Waterdrop Promotes Harmony Between Business, Society and Environment

Insurtech company Waterdrop is performing actively to improve the ESG governance structure

Aug 30, 2023 08:26 PM

Healthcare, Financials · Analysis

As Crackdown Looms, Chinese Insurtech Waterdrop Enters Next Growth Phase

The company's widening losses come along with the user base expansion.

Oct 11, 2021 02:07 PM

Briefing Nov 11, 2021 09:01 AM · Financials

Lexin released 2021q3 financial report: revenue of 3 billion yuan and profit of 750 million yuan

Briefing Nov 08, 2021 10:47 PM · Financials

Xiansheng yecai won PwC's strategic investment and cooperated in the field of yecai digitization

Briefing Sep 18, 2021 03:07 PM · Financials

Dianshi tax raising Star project was officially launched, and technology enabled tax raising management

Financials

Waterdrop: IPO in the US under USD 10 Bn Valuation?

The insurance company has already seen five successful rounds of financing.

Feb 19, 2021 11:00 AM

Financials · Analysis

Waterdrop: The First Crowdfunding Stock?

The company is said to be planning an IPO for early 2021.

Oct 21, 2020 01:07 AM

Briefing Sep 08, 2021 05:16 PM · Technology | Consumer Staples

Pengdu agriculture and animal husbandry: the holding subsidiary plans to sell the idle land in Mato Grosso State

Briefing Jun 17, 2021 03:20 PM · Healthcare | Financials

The first quarter revenue of shuidi company increased by 35.1% year on year to 883.4 million yuan

Briefing Oct 19, 2020 01:50 PM · Financials

Insurance Platform Waterdrop to Seek USD 500 Mn New York IPO in 1Q 2021

Briefing Aug 18, 2020 09:49 PM · Financials

UXIN Group's Former CTO Joins Waterdrop as Partner