Chinese Internet insurance startup Waterdrop Inc. has completed a US$230 million in Series D financing, led by Swiss Re and Tencent. Existing investors including IDG Capital also participated, the company’s CEO Shen Peng announced today during an industry conference. The company’s latest valuation after the series D round is reportedly between US$4 billion and US$6 […]

Swiss Re, Tencent Co-Lead $230M Series D Round comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.