News Snapshot:
Chinese e-commerce giants are branching out, this time to the medical field. Alibaba (09988) owns AliHealth (00241) while JD.com (09618) owns JD Health International (06618). So, how does China's tech space interact with the traditional healthcare sector? Kai Wang, Senior Equity Analyst at Morningstar, is here to tell us. Hi, Kai. Tell us what is healthcare e-commerce and why are e-commerce giants venturing into this space. Kai Wang: Hi. So, healthcare e-commerce is basically the selling of healthcare products over the internet, including pharmaceutical drugs that require prescription and OTC drugs as well. So, there are more requirements than traditional...
