Overview
Description
111 Inc. is a leading online healthcare platform operating in the People's Republic of China. The company's primary purpose is to provide a comprehensive range of health and wellness services that cater to both individual consumers and institutional clients. Specifically, 111 Inc. offers an extensive online retail pharmacy, delivering over-the-counter and prescription medications directly to consumers. This service is crucial, especially in the Chinese market, where accessibility to healthcare products is a growing need.
In addition to its retail operations, 111 Inc. provides a business-to-business platform that supplies pharmaceutical products to healthcare institutions, pharmacies, and clinics. This aspect of the company plays a vital role in streamlining the supply chain within the healthcare sector, improving efficiency and reducing costs for providers.
111 Inc. is significantly impacting the healthcare and pharmaceutical industries by leveraging technology to enhance distribution and accessibility to medical products. As part of its broader market significance, it supports the ongoing digital transformation of healthcare services, aligning with the global trend toward telemedicine and online healthcare solutions.
About
CEO
Mr. Junling Liu
Employees
1520
Address
No.295 ZuChongZhi Road
3-4 Floors Pudong New Area
Shanghai, 201203
3-4 Floors Pudong New Area
Shanghai, 201203
Phone
86 21 2053 6666
Website
Instrument type
Depositary receipt
Sector
Healthcare
Industry
Medical Distribution
Country
United States
MIC code
XNMS