Alibaba Health Information Technology

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Alibaba Health Information Technology - overview

Established

1998

Location

Beijing, Beijing, China

Primary Industry

Healthcare IT

About

Based in Beijing, China, and founded in 1998, Alibaba Health Information Technology formerly known as CITIC 21CN, is Alibaba Group's flagship platform providing one-stop medical solutions. The Chairman of the Board and CEO, Shunyan Zhu, graduated from Yanshan University and served as the president of Alimama Business Group since June 2016. In January 2014, it was acquired by Alibaba Group Holding Limited for HKD 1. 33 billion.


The company is engaged in pharmaceutical direct sales, pharmaceutical e-commerce platforms, and healthcare and digital services business. It has developed integrated service platforms to provide pharmaceutical and healthcare products. The business includes Cloud-based Pharmacy, Alibaba Health Pharmacy, Tmall's Pharmaceutical Platform, Cloud-based Hospital, Alibaba Healthcare Services, Xiaolu TCM, Cloud-based Infrastructure, Map of Medical Knowledge, Traceability Code, and Digital Healthcare.


Current Investors

Alibaba Group Holding Limited

Primary Industry

Healthcare IT

Sub Industries

Drug Stores/Convenience Stores, Healthcare, Healthcare IT, Telecoms Providers & Services

Website

www.alihealth.cn

Verticals

Artificial Intelligence, Cloud Computing, E-commerce, HealthTech, Mobile Apps, Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Alibaba Health Information Technology - timeline of key events

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Alibaba Health Information Technology - financials

Fiscal Year EndedMar 31, 2012Mar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022
Revenue (USD)396,068,633.087397,461,341.72947,561,526.96729,664,033.05256,595,000475,078,0002,442,618,0005,095,867,000---
% Revenue Growth (YoY)-0.4%(88.0%)(37.6%)90.8%739.4%414.2%108.6%---
EBITDA (USD)21,771,058.042(9,502,367.36)3,648,371.553(91,156,664.022)(208,085,000)(207,566,000)(95,334,000)(53,931,000)---
Operating Income (USD)(1,934,857.968)(33,107,377.263)(1,195,060.87)(98,969,203.334)(211,635,000)(212,184,000)(99,842,000)(57,920,000)---
Operating Margin(0.5%)(8.3%)(2.5%)(333.6%)(373.9%)(44.7%)(4.1%)(1.1%)---
% EBITDA Margin5.5%(2.4%)7.7%(307.3%)(367.7%)(43.7%)(3.9%)(1.1%)---
NET Income (USD)(6,361,266.997)(33,543,876.037)(1,465,193.598)(83,878,683.669)(198,968,000)(208,653,000)(109,034,000)(91,764,000)---
% Net Margin(1.6%)(8.4%)(3.1%)(282.8%)(351.6%)(43.9%)(4.5%)(1.8%)---

Alibaba Health Information Technology - employee data

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Alibaba Health Information Technology - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman of the Board and Chief Executive OfficerBM

BM Board Member

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