Strategy Note /
China

A late starter, ByteDance begins to accelerate its effort in healthcare

  • The Chinese upstart behind TikTok has emerged into a major venture capital investor

  • The skyrocketing investment in the virtual-enabled healthcare industry has further boosted its valuation to RMB 1.2 Tn

  • ByteDance's next big move might be in the sphere of AI drug development

Yiru Qian
EqualOcean
17 November 2021
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