Digital healthcare company expands partnerships, offers more services

DXY, a leading digital healthcare technology company in China, will strengthen its cooperation with bio-pharmaceutical enterprises, consumer products companies, medical institutions, consulting and research companies, in a bid to accelerate the digitalization of healthcare services.

DXY will provide professional digital solutions, such as intellectual property (IP), content and channel services to healthcare enterprises and consumer goods companies. At the same time, it will offer healthcare-related products and services to consumers.

It will also continue to provide online courses and tailor-made solutions for doctors and help them manage patient care and make a diagnosis.

The company's vaccination service platform has access to Dingxiang Doctor, a dedicated medical information app, where users can consult, make online reservation and choose offline clinics or hospitals to get vaccinated.

DXY announced in November last year it had teamed up with major vaccine enterprises, such as MSD, GSK, Sinovac Biotech and Hualan Biological Engineering, to establish a vaccination service platform. The service has covered 1,000 vaccination sites in 200 cities across the nation.

As Chinese people's awareness of health and consumption rises and changes, medical and online health industries are witnessing explosive growth. Li Tiantian, founder and chairman of DXY, said the company hopes to establish an ecosystem in the healthcare industry in cooperation with partners to explore more medical and health scenarios.

Chu Yang, vice-president of DXY, said the company has been profitable and its profit has maintained an annual growth rate of about 50 percent. "In addition, the direct paid services from consumers accounted for a large proportion in our overall revenue and witnessed rapid growth in recent years."

Founded in 2000, DXY has already covered over 2 million registered doctors, which is about 70 percent of doctors nationwide. It provides academic discussions, continuing medical education and job recruitment services for medical professionals.

Last year, DXY announced the completion of a $500 million round of financing led by Trustbridge Partners and followed by Tencent Investment and GL Ventures.