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Leapstack has raised nearly 200 million RMB in Series C+ Funding, building a diversified technological value chain for health insurance

/PRNewswire/ Leapstack, a prominent insurtech company, recently secured an impressive 200 million RMB yuan in Series C+ Funding, led by Qiming Venture.

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Leapstack has raised nearly 200 million RMB in Series C+ Funding, building a diversified technological value chain for health insurance

Leapstack has raised nearly 200 million RMB in Series C+ Funding, building a diversified technological value chain for health insurance
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111, Inc Announces Additional Round of New Capital Injection

Share this article Share this article SHANGHAI, Dec. 22, 2020 /PRNewswire/ 111, Inc. ( 111 or the Company ) (NASDAQ: YI), a leading digital healthcare platform company committed to digitally connecting patients with medicine and healthcare services in China, today announced the successful completion of new capital injection in its principal PRC subsidiary by a selected group of strategic and mission-driven investors. On December 22, 2020, 1 Pharmacy Yaofang Technology (Shanghai) Co., Ltd. (previously known as Yao Fang Information Technology (Shanghai) Co., Ltd.) ( Yao Fang Shanghai ), the principal operating subsidiary of 111 in China, completed a new round of capital injection from strategic investors. According to the investment agreements, the investors invested in Yao Fang Shanghai an aggregate of RMB515 million (approximately US$78.75 million

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China: WeiyangX Fintech Review

China: WeiyangX Fintech Review China Banking and Insurance Regulatory Commission Issues Regulations Towards Internet Insurance On December 14 Internet Insurance Business Regulatory Measures.” Key contents of the Measures include: clarifying the nature of Internet insurance business and applicable regulations stipulating requirements for Internet insurance business operations, strengthening the principles of licensed operation, defining licensed institutions as self-operated online platforms, and clarifying the prohibited conduct of non-licensed institutions; standardizing insurance marketing and publicity; stipulating “special operating regulations” for online insurance companies, insurance companies, insurance intermediary agencies, and online enterprises that engage in insurance operations From September 28 Source: The People’s Bank of China Says No to “Cash Discrimination”

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