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Founded Year



Series E | Alive

Total Raised




Last Raised

$270M | 1 yr ago

About Yaoshibang

Yaoshibang is an operator of mobile apps that allow patients to order and receive medicine from pharmacies directly, with guaranteed next-day delivery in major cities.

Yaoshibang Headquarters Location

No. 397 Xingang Road TIT Creative Park, Creative West Road C03 Building/C06 Building

Guangzhou, Guangdong,


+86 020-89772072

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Research containing Yaoshibang

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Yaoshibang in 1 CB Insights research brief, most recently on Jan 23, 2020.

Expert Collections containing Yaoshibang

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Yaoshibang is included in 6 Expert Collections, including E-Commerce.



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Biopharma Tech

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Latest Yaoshibang News

Pharmaceutical Trading Platform Yaoshibang Applies for Hong Kong IPO

May 26, 2022

Yaoshibang, a Chinese pharmaceutical distribution platform , submitted an application on Tuesday for a public listing to the Hong Kong Stock Exchange (HKEx), with Goldman Sachs and CICC named as co-sponsors. According to the firm’s prospectus, Yaoshibang was established in 2015, and obtained the license for an online drug trading service platform issued by China’s National Medical Products Administration in 2016. Yaoshibang claims that its mission is to build a safer and more efficient trading and services platform for the pharmaceutical industry. In its prospectus, it quoted Frost & Sullivan’s report, saying that its gross merchandise volume (GMV) reached 27.5 billion yuan ($4.1 billion) in 2021, with a compound annual growth rate of 42.9% since 2019. Both stats ranked first among China’s non-hospital digital pharmaceutical service platforms. The income of Yaoshibang in 2019, 2020 and 2021 totaled 3.25 billion yuan, 6.06 billion yuan and 10.09 billion yuan respectively, while gross profit in the same period was 228.9 million yuan, 608.8 million yuan and 913.8 million yuan respectively. In addition, its net loss in past three years was 1.0455 billion yuan, 571.7 million yuan, and 501.6 million yuan respectively. As of December 31, 2021, Yaoshibang had attracted about 4,700 merchants and about 434,000 buyers to trade on its platform. In 2021, the GMV of third-party merchants on the platform was 17 billion yuan, accounting for about 61.9% overall.

Yaoshibang Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Yaoshibang Rank

  • When was Yaoshibang founded?

    Yaoshibang was founded in 2015.

  • Where is Yaoshibang's headquarters?

    Yaoshibang's headquarters is located at No. 397 Xingang Road, Guangzhou.

  • What is Yaoshibang's latest funding round?

    Yaoshibang's latest funding round is Series E.

  • How much did Yaoshibang raise?

    Yaoshibang raised a total of $497.19M.

  • Who are the investors of Yaoshibang?

    Investors of Yaoshibang include Green Pine Capital Partners, Pearl River Investments, Baidu, Sunshine Insurance Group, Sfund and 12 more.

  • Who are Yaoshibang's competitors?

    Competitors of Yaoshibang include Alto Pharmacy, Ro, NURX, Truepill, Favor and 10 more.

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