Waterdrop shares fell 10% debut

Tiger Newspress2021-05-07

Waterdrop shares fell 10% debut.

Online insurance technology firm Waterdrop Inc will focus more on user growth than on profit in the short term and aims to become China's version of UnitedHealth Group in a decade, its chief executive told Reuters on Friday.

Waterdrop, which is backed by Chinese gaming giant Tencent, has no plan to revive its once popular mutual aid service, founder and CEO Shen Peng said in an interview.

The loss-making company will focus until 2025 on growing its online insurance business in China, and would like to expand further into healthcare businesses in 10 years' time in the country, Shen said. UnitedHealth is the biggest U.S. health insurer.

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精彩评论

doctorpot1
2021-05-21
doctorpot1
Hodl! invested because of its future not for it current share price
D len Yip
2021-05-08
D len Yip
like and comment if you think the name will causes it to drop further!
- UNCLEUNCLE:
  Goood
jiajia321
2021-05-08
jiajia321
Such thing
Melonade
2021-05-08
Melonade
Waterfall
- yangmehmeh:
  Change to geyser
- Chochonut:
  A gd speech will bring nice response
- Meowzicles:
  Bello
yitong99
2021-05-08
yitong99
Woww
- 63c12ad9:
  Hahahaha
PowerUP
2021-05-08
PowerUP
Is this good?

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