WebAug 9, 2024 · TikTok parent ByteDance Ltd has scooped up one of China’s largest private hospital chains Amcare Healthcare for ~$1.5 billion, deepening a foray into health care, Bloomberg reports. Amcare... WebApr 12, 2024 · ByteDance Acquires High-End Women’s and Children’s Hospital Line Amcare A pair of ByteDance subsidiaries have reportedly achieved a 100% shareholding ratio in Amcare, a high-end Chinese women's and children's hospital, as part of a move to explore the offline medical services sector.
TikTok Parent Cements Presence In Healthcare With Latest ... - Benzinga
WebFeb 7, 2024 · Chinese tech behemoth ByteDance, owner of popular short video app TikTok, has acquired Beijing Amcare Medical Management Co Ltd, a high-end hospital group … WebMay 20, 2024 · ByteDance has experienced a meteoric rise over the last couple of years. Zhang oversaw a handful of big acquisitions that helped ByteDance become a global name — including a 2024 deal for... strategic portfolio and project management
ByteDance gets deeper into the healthcare sector with Amcare Healthcare
WebAug 10, 2024 · With ByteDance is known for transforming the startups under its brand, there is an expectation that the Amcare Healthcare business will be further integrated … WebAug 9, 2024 · ByteDance Ltd. has acquired Amcare Healthcare, a major women-and-children focused private hospital chain, significantly deepening its investment in the health care sector. The TikTok-owner paid about 10 billion yuan ($1.5 billion), sources told Caixin, using its subsidiaries Xiaohe Health (Hong Kong) Ltd. and Xiaohe Health Technology … WebAug 12, 2024 · Two ByteDance subsidiaries now own a combined 100 per cent of the hospital chain. Founded in 2006, Amcare runs eight hospitals across four cities in China. The company obtained a government licence for in-vitro fertilization operations by acquiring a hospital in Beijing in 2024. round banded barb