Announced
Tencent to invest in Waterdrop in a $150m.
Synopsis
Tencent agreed to invest in Waterdrop, a Chinese insurance services provider, in a $150m. The company will use the funds to expand its online platform and bolster its technology. The funding also provides further ammunition for Waterdrop to compete against Ant Group in the insurance technology sector.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.