You might have already heard horror stories about going to a hospital in China WITH chaotic management and long waiting queues. As a native Chinese, I can tell you that a large proportion of them are true. On the bright side, modern technologies, especially the emerging mobile health services, are now bringing great changes to how Chinese patients get medical treatment.

Online medical service provider Guahao is one of the top players in this area. The company just revealed a $394 million USD Series C funding led by Hillhouse Capital and Goldman Sachs with participation of Fosun, Tencent and China Development Bank Capital. The massive round comes on heel of a $100 million USD investment led by Tencent last year.

Along with the funding news, Guahao announced a plan to re-brand the company as WeDoctor Group Limited, a new online healthcare entity incorporating three brands: website Guahao.com, mobile platform We Doctor, and We Doctor Accountable Care Organization, a family medical care management service.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.