About ShuYu Civilian Pharmacy
ShuYu Civilian Pharmacy (301017.SZ) is an operator of a pharmacy chain. The company operates a pharmacy franchise that provides prescription drugs (Rx), over the counter (OTC) drugs, traditional Chinese medicines prepared in ready-to-use forms, chemico-pharmaceutical preparations, antibiotics preparations, and Chinese proprietary medicines which are also available for purchase via its official e-commerce site. The platform also includes digital healthcare counseling.
Missing: ShuYu Civilian Pharmacy's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: ShuYu Civilian Pharmacy's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Expert Collections containing ShuYu Civilian Pharmacy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ShuYu Civilian Pharmacy is included in 1 Expert Collection, including Digital Health.
Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)
Latest ShuYu Civilian Pharmacy News
Sep 11, 2019
(Yicai Global) Aug. 20 -- The health spin-off of leading Chinese e-commerce player Alibaba Group Holding will take its business further into the offline world by taking a stake in one of the country's largest regional pharmacy chains. Alibaba Health Information Technology will pay some CNY826 million (USD120 million) for a 25 percent share of Yishu Chainstore Pharmaceutical, the biggest drugstore operator in the country's southwestern Guizhou province, according to a statement from the Hangzhou-based company. The two parties will "explore and expand new retail models for pharmacies in the regions where the target company has an advantage," the statement said, adding that they will "provide consumers with greater, broader and more convenient pharmaceutical services." The move marks the second such deal for AliHealth since Alibaba merged it with Tmall Pharmacy in late May in a USD1.4 billion deal. The firm invested some CNY454 million in ShuYu Civilian Pharmacy the month after, demonstrating the company's intention to gain a firm foothold in China's fast-growing pharmaceutical retail sector. China's private healthcare sector has become a key battleground for China's technology conglomerates. Alibaba Health faces stiff competition against other major players including Tencent Holdings' WeDoctor and Ping An Healthcare in its efforts to expand market share. Domestic expenditure in the sector is expected to hit USD1 trillion by 2020 from USD357 billion in 2011, states a report from McKinsey. The country's increasingly aging population could present new growth opportunities for pharmaceutical retail players, while the commerce ministry has issued policy support for drugstore operators to develop new modes of retail operations. These include professional pharmacies, integrated pharmacies with clinics as well as traditional Chinese medical centers. AliHealth first gained a presence in the drug dispensary sector as early as 2016 when it set up the China Pharmaceutical O2O Pioneer Alliance with 65 chains including Baijiahui Suhe Pharmacy and Tak Sung Tong Medicine. The company also acquired Wu Qian Nian Pharmaceutical in 2016. Editor: William Clegg
ShuYu Civilian Pharmacy Frequently Asked Questions (FAQ)
When was ShuYu Civilian Pharmacy founded?
ShuYu Civilian Pharmacy was founded in 1999.
Where is ShuYu Civilian Pharmacy's headquarters?
ShuYu Civilian Pharmacy's headquarters is located at 56 Shanda North Road, Jinan.
What is ShuYu Civilian Pharmacy's latest funding round?
ShuYu Civilian Pharmacy's latest funding round is IPO.
How much did ShuYu Civilian Pharmacy raise?
ShuYu Civilian Pharmacy raised a total of $70.77M.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.