Tencent backs Chinese healthcare portal DXY in $500M round

DXY, a 20-year-old online healthcare community for Chinese consumers and healthcare organizations like Pfizer, announced this week that it has raised $500 million in its Series E round led by private equity firm Trustbridge Partners. Existing backer Tencent and Hillhouse Capital’s early-stage focused GL Ventures also participated in the round, which lifted the firm’s total … Continue reading Tencent backs Chinese healthcare portal DXY in $500M round