#Linkdoc technology ltd cracked
#Linkdoc technology ltd plus

It thus became the first prominent Chinese company to halt its US IPO plans after Beijing cracked down on domestic companies listing overseas. Find the latest LinkDoc Technology Ltd (LDOC) stock quote, history, news and other vital information to help you with your stock trading and investing.

Their first quarter revenue for this year was RMB 223 million yuan, up by RMB 159 million yuan from the same period of 2020.īut in July, LinkDoc scrapped plans to list due to market volatility. SEE ALSO: LinkDoc to List on NASDAQ, Sets Sights on $1.5 Billion Market ValueĪccording to the prospectus disclosed by the company itself, the company’s revenue in 20 were RMB 374 million yuan and RMB 942 million yuan respectively, with a year-on-year increase of 89%. LinkDoc Technology Limited ( LDOC) Stock Price: 17.50 - 19.50 Current IPO price range Overview Financials Statistics Dividends Profile Company Description At LinkDoc, our mission is to make precision medicine and personalized care a reality by uncovering the story of every patient journey through the power of data and artificial intelligence. At that time, it was set to raise as much as $211 million from issuing $10.8 million shares at a price of $17.50 to $19.50. In June this year, LinkDoc officially submitted its prospectus to the US Securities and Exchange Commission (SEC) and planned to list on the Nasdaq. Medical big data firm LinkDoc Technology Limited.

#Linkdoc technology ltd plus

IPO, nine months after its 11th hour halt to the listing. Get the latest stock price for LinkDoc Technology Ltd ADR (LDOC:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. The service will work by connecting APPs such as the Ali Health platform with the LinkDoc Internet Hospital and Cancer Patient Service Center. LinkDoc has formally withdrawn its plan to raise 200 million from a U.S. The two sides announced that they will build a patient-centered and innovation-driven service platform, which provides whole-cycle support for cancer patients. In March this year, Alibaba Health made a strategic investment in the company. We are developing LinkDoc solutions from these precious real world big data to empower clinical doctors. Since 2015, the company has completed five rounds of financing with investors such as Alibaba Health, Youshan Capital, CBC Capital, Ally Bridge Group and others. We have collaborated with >600 departments from top >300 oncology centers in China. They added that the specific plan and details of the Pre-IPO and the Hong Kong IPO could still change.įounded in 2014, LinkDoc specializes in providing big data and artificial intelligence solutions for all parties in the pharmaceutical and medical industries. LinkDoc Technology Ltd is primarely in the business of services-computer processing & data preparation. Morgan Stanley, BofA Securities and CICC are the underwriters for the proposed IPO.According to Bloomberg, LinkDoc Technology Limited, a medical data platform company backed by Alibaba Group, plans to lead a $200 to $300 million financing round before its upcoming IPO in Hong Kong.Ī person familiar with the matter said such a plan is still under discussion and no decision has been made yet. The company will list on the Nasdaq under the symbol 'LDOC', it said.Īlibaba Health is the healthcare flagship platform for the Alibaba Group Holding Ltd conglomerate. LinkDoc said it will use the proceeds from the offering to strengthen its research and development capacities and for investments and acquisitions, among others. The Company provides medical big data integration, medical images. introducing measures that could result in foreign companies being delisted from American stock exchanges within three years if they do not comply with the country's auditing standards. (Bloomberg) - LinkDoc Technology Ltd., a Beijing-based medical data company. LinkDoc Technology Ltd LinkDoc Technology Limited operates as a medical data solutions and oncology big data services provider.

The company's listing plans come despite the U.S. The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31, according to the filing.įor the same period, net loss attributable to LinkDoc widened to 135.4 million renminbi ($21.17 million) from 61.6 million renminbi a year earlier. LinkDoc Technology must be concerned about the United States enacting legislation that may result in international firms being delisted from American stock markets within three years if they fail to. (Reuters) - LinkDoc Technology Ltd, a medical data company backed by a subsidiary of Alibaba Health Information Technology Ltd, filed for an initial public offering in the United States on Monday. LinkDoc Technology Ltd recorded a net loss of 135.4 million renminbi (21.17 million) this year, up from 61.6 million renminbi the previous year.