IPO Price Range 17.50 - 19.50 Shares Offered 10,825,000 Deal Size 200.26M Overview Financials Statistics Dividends Profile Total Valuation LDOC has a market cap or net worth of 1.61 billion. The case examines how LinkDoc, specializing in big data and serving the vertical healthcare industry, found its own answers to these issues and, more specifically, how it identified and entered its target market segment, and subsequently found a way to commercialize its technology and create a viable business. LinkDoc Technology was planning to go public, but the IPO has been withdrawn. LinkDoc IPO LinkDoc Technology Ltd (LDOC) is going public at Nasdaq, get to know about company, their financials, profit and loss as well as revenue trends. It was seen as raising as much as 211 million by selling 10.8 million shares priced. Its revenue surged 89 percent to CNY942 million. The issue, then, is how tech start-ups should strike a balance between 'aiming too high' and 'taking a faster route.' The LinkDoc Technology (hereinafter 'LinkDoc") case was compiled as one way to find answers to these questions. LinkDoc, which filed for its IPO in June, was due to price its offering after the US market close on Thursday. In 2020, LinkDoc widened its net loss by 12 percent to CNY489 million (USD75.4 million) from 2019 due to its high research and development, as well as labor costs. Others aim for low-hanging fruit in more easily accessible markets, at the expense of pursuing their original goal once engaged on this path, it is extremely difficult to change course and build an iconic name. Beijing, Beijing, China 51-100 Series D Private 21,134 Highlights Total Funding Amount CN¥1. and prospective cohort (with AI assistance) for safety evaluation. Advanced search Economic literature:papers, articles, software, chapters, books. LinkDoc Technology Limited is a leading oncology big data company, based in Beijing, China. 2 Linkdoc AI Research (LAIR), Linkdoc Information Technology (Beijing) Co., Ltd. So far this year, a record US$12.5 billion by Chinese firms has been raised from 34 US listings, Refinitiv data shows, well up from the US$1.9 billion from 14 deals in the same period a year ago.Įight Chinese companies including home service platform Daojia Ltd and Atour Lifestyle Holdings have made public filings with the Securities and Exchange Commission (SEC) to list in the US later this year, a review of the filings showed.This case examines a universal question: How can a tech start-up (such as an AI or big data start-up) address the pain points of traditional vertical industries through technological innovation and create value? Some tech start-ups set ambitious goals, which demand significant and sustained investments in R&D, but fail to plan for commercial development in order to remain viable: when funding runs out, they go bust. LinkDoc: Using AI to Create Value in Medical Data Downloadable (with restrictions) No abstract is available for this item. LinkDoc Comparisons Description Primary Industry HQ Location Employees Total Raised Post Valuation Last Financing Details LinkDoc Technology Ltd is principally engaged in providing continuous care for patients with critical diseases and data- Medical Records Systems Beijing, China 1,250 As of 2021 00000 0. US capital markets have been a lucrative source of funding for Chinese firms in the past decade, especially for technology companies looking to benchmark their valuations against listed peers there and tap an abundant liquidity pool. Morgan Stanley and Bank of America declined to comment, while CICC did not respond to a Reuters request for comment. Morgan Stanley, Bank of America, and China International Capital Corp Ltd (CICC) were the investment banks on the deal. LinkDoc did not immediately respond to a request for comment. A person familiar with the matter said such a plan is still under discussion and no decision has been made yet. The sources declined to be identified as the information has not yet been made public. According to Bloomberg, LinkDoc Technology Limited, a medical data platform company backed by Alibaba Group, plans to lead a 200 to 300 million financing round before its upcoming IPO in Hong Kong. The book closed one day earlier than planned on Wednesday, one of the three sources and a separate person said. Get the latest stock price for LinkDoc Technology Ltd ADR (LDOC:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. The Beijing, China-based company plans to raise 200 million by offering 10. The underwriters for the listing are Morgan Stanley, Bank of America Merrill Lynch, CICC, UP Fintech Holding and Snowball. It had planned to sell 10.8 million shares between US$17.50 and US$19.50 each. LinkDoc Technology, a Chinese healthcare data company specializing in oncology patients, announced terms for its IPO on Thursday. LinkDoc Technology Limited, a Chinese medical technology company, updated its IPO application on July 6, planning to list on NASDAQ under the ticker symbol LDOC.
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