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China’s JD.com in online pharmacy tie-up with Shanghai Pharma

JD.com, a giant in China’s e-commerce, has joined forces with a leading Chinese drug-maker, Shanghai Pharmaceuticals Holding Co. Ltd. The partnership is to develop an online healthcare business. Shanghai Pharma said in a filing to the Hong Kong stock exchange, “The government has recently announced a series of policies to encourage the development of online pharmacy and we expect this area to be a huge market opportunity.”

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Source URL (modified on 04/01/2017 - 16:02): http://www.fakeshare.eu/en/news/china%E2%80%99s-jdcom-online-pharmacy-tie-shanghai-pharma

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[1] https://ca.finance.yahoo.com/news/chinas-jd-com-online-pharmacy-tie-shanghai-pharma-031332541--finance.html