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GUSHENGTANG, Meituan Medicine Reach Strategic Partnership
GUSHENGTANG (02273.HK) entered into a strategic cooperation with MEITUAN-W (03690.HK)'s medical & healthcare business segment, Meituan Medicine, according to GUSHENGTANG...
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GUSHENGTANG (02273.HK)  +3.600 (+9.184%)    Short selling $5.32M; Ratio 3.372%   entered into a strategic cooperation with MEITUAN-W (03690.HK)  +12.400 (+8.147%)    Short selling $3.18B; Ratio 15.271%   's medical & healthcare business segment, Meituan Medicine, according to GUSHENGTANG's announcement.

More than 70 Chinese medicine institutions and over 30,000 Chinese medicine practitioners under GUSHENGTANG MEDICINE will be fully stationed in MEITUAN-W's platform to provide users with appointment registration and online consultation services.

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GUSHENGTANG and Meituan Medicine planned to explore the “delivery” service model of decocting Chinese medicine. With the help of MEITUAN-W's real-time delivery network, it is expected that the freshly decocted Chinese medicine will be delivered to users in 30 minutes at the earliest.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-27 16:25.)

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