The two. Currently the main businesses of Yilu and JD Health are online consultation business and pharmaceutical e-commerce business so the following is a breakdown and comparison of these two business models. Medical Deer Growth path On January Alibaba Group teamed up with Yunfeng Fund to make a strategic investment totaling US$ million in CITIC st Century Co. Ltd. a subsidiary of CITIC Group to enter the health industry. In July the China Drug Electronic Supervision Code Function was launched online to view drug information and was later officially renamed Alibaba Health. On February Alibaba Health APP version was officially launched. New appointment registration and add-on functions have been added and Sina's iAsk Doctor resources have been accessed and the online consultation business
has begun to take shape. On May chain pharmacies including Parknjia Huisuhe Deshengtang and Baicaotang joined forces with Alibaba Health to jointly announce the establishment of the Chinese Pharmaceutical OO Pioneer Kuwait Phone Number Data Alliance. In June Alibaba Health announced the launch of the online traceability platform Mashangfangxin. In August Alibaba Health announced that it would join forces with a number of chain pharmacies such as Dongrentang Pharmacy Neptune Xingchen Health Pharmacy Jiuzhou Pharmacy and Tiantianhao Pharmacy as well as hotel chain partners such as Home Inn and Junting to test the waters in Hangzhou. New pharmaceutical retail with full links. A -hour online medicine purchase and door-to-door service will be launched in Hangzhou in minutes. It will not close at night and will be delivered within hour. In October Alibaba Health and Ele.me Hummingbird joined forces to comprehensively upgrade the drug delivery capabilities of thousands of offline pharmacies in more than
cities including Beijing Guangzhou Shenzhen Chongqing and Chengdu on the occasion of Tmall’s Double Among them Beijing Guangzhou and Shenzhen will continue Hangzhou’s / urgent medicine delivery service. In September Alibaba Health App was renamed Yilu. The addition of Xiaolu Traditional Chinese Medicine is expected to make Alibaba Health the most complete Internet collaborative service platform for traditional Chinese and Western medicine. Business model E-commerce business: Source of drugs: Direct procurement from the government cooperating with hundreds of well-known pharmaceutical companies. Drug categories: More than million SKUs are provided to consumers. The product range covers OTC