Chinese pharmacy platform Yaoshibang raises $133m Series D

Photo: Reuters

Chinese pharmacy platform Yaoshibang has raised $133 million in a Series D round of funding led by Tiger Global Management, H Capital, and DCM, according to a release.

Founded in 2015 by the former chief tech officer at Soufang.com, Yaoshibang’s mobile app allows patients to order and receive medicines from pharmacies directly. In major cities, the service can even deliver the medicines the day after placing the order.

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