Alibaba Invests $35M In Medical Imaging Firm

Alibaba Health Information Technology Ltd. has agreed to invest RMB225 million (US$35 million) to acquire a 25% stake of a medical imaging unit of China Resources Wandong Medical Equipment Co., Ltd. to cooperate on remote medical imaging services, according to a disclosure filing. The move came after Alibaba Health suffered the loss of exclusive operational […]

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Read the original article: China Money Network