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How Online Platform Yiyaowang is Reshaping China’s Health Sector

September 25, 2017 By Liu Sha and Deng Yuanyuan

Medical spending in China is increasing every year, and people have started to buy medicine online, with nearly 3 million people buying medicine through mobile apps, among which the largest one is Yiyaowang–the”No.1 pharmacy.” Set up by Yu Gang and his partner, the founder of China’s first large online supermarket, Yihaodian, Yiyaowang is also a key part of a healthcare ecosystem that combines an online hospital, a drugstore and patients. Yu, an experienced businessman and a scholar, tells how he built the ecosystem, how it simplifies the medical process and gives patients access to cheaper drugs.

Filed Under: All Articles, Conversations, eCommerce, Entrepreneurship, Q&A, Supply Chain Tagged With: B2B2C, Online healthcare, online pharmac, Yihaodian, Yiyaowang

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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