TikTok emblems are observed on smartphones in entrance of a displayed ByteDance emblem on this representation taken November 27, 2019.
Dado Ruvic | Reuters
TikTok parent-company ByteDance’s healthcare unit in China, Xiaohe Health, has obtained a high-end healthcare group known as Amcare Healthcare.
Amcare Healthcare used to be based in Beijing in 2006 and it gives scientific products and services like maternity care, girls’s well being and pediatrics. It additionally operates Amcare Women’s & Children’s Hospital, which is the principle logo of Amcare Healthcare in China.
A spokesperson for Xiaohe Health showed the purchase. The corporation did not straight away provide an explanation for why it is increasing into healthcare. But it is a pattern within the tech sector as corporations attempt to in finding new techniques to serve shoppers.
Source Link: https://www.cnbc.com/2022/08/10/tiktok-parent-bytedance-acquires-private-hospital-chain.html