Hurun: JD Health Valued at US$7 Billion and is the Youngest Unicorn

Hurun: JD Health Valued at US$7 Billion and is the Youngest Unicorn

by Vivian Yang

JD Health, the healthcare services company spun off from JD.com in May 2019, has become the youngest unicorn on the Hurun Global Unicorn Index 2020 released on August 4th.

The Index is a ranking of the world’s start-ups founded in the 2000s, worth at least a billion US dollars and not yet listed on a public exchange. According to Hurun’s press release, the average age of companies on the Hurun Global Unicorn Index 2020 is nine years, of which 33 are less than three years old. At 15 months old with a US$7 billion valuation, JD Health is the youngest unicorn on the list.

In December 2019, CrunchBase ranked JD Health as the most valuable among 22 new unicorns that emerged in China and No.2 worldwide, following Uber.

As recently mentioned by JD Health’s CEO Lijun Xin, JD Health’s current business focuses on four areas: pharma e-commerce, telemedicine, health services and intelligent healthcare solutions.

 

(vivian.yang@jd.com)

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