• 46
  • 13
  • Favorite

Waterdrop shares fell 10% debut

Tiger Newspress2021-05-07

Waterdrop shares fell 10% debut.

Online insurance technology firm Waterdrop Inc will focus more on user growth than on profit in the short term and aims to become China's version of UnitedHealth Group in a decade, its chief executive told Reuters on Friday.

Waterdrop, which is backed by Chinese gaming giant Tencent, has no plan to revive its once popular mutual aid service, founder and CEO Shen Peng said in an interview.

The loss-making company will focus until 2025 on growing its online insurance business in China, and would like to expand further into healthcare businesses in 10 years' time in the country, Shen said. UnitedHealth is the biggest U.S. health insurer.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment13

  • doctorpot1
    ·2021-05-21
    Hodl! invested because of its future not for it current share price
    Reply
    Report
  • Dhalsim Wee
    ·2021-05-08
    like and comment if you think the name will causes it to drop further!
    Reply
    Report
    Fold Replies
  • jiajia321
    ·2021-05-08
    Such thing
    Reply
    Report
  • Melonade
    ·2021-05-08
    Waterfall
    Reply
    Report
    Fold Replies
    • Meowzicles
      Bello
      2021-05-10
      Reply
      Report
    • Chochonut
      A gd speech will bring nice response
      2021-05-09
      Reply
      Report
    • yangmehmeh
      Change to geyser
      2021-05-08
      Reply
      Report
  • yitong99
    ·2021-05-08
    Woww
    Reply
    Report
    Fold Replies
    • EfraChan
      Hahahaha
      2021-05-08
      Reply
      Report
  • PowerUP
    ·2021-05-08
    Is this good?
    Reply
    Report
  • KingKong88
    ·2021-05-07
    May be it's the name. Waterrise may be better. [笑哭] 
    Reply
    Report
    Fold Replies
    • JY00
      Watermelon also can
      2021-05-10
      Reply
      Report
    • Dhalsim Wee
      or watermoon
      2021-05-08
      Reply
      Report
    • BossBoss
      Agreed, name is very important
      2021-05-08
      Reply
      Report
    View more 1 comments
  • Nicolim
    ·2021-05-07
    Sad
    Reply
    Report
    Fold Replies
    View more 2 comments
  • Ben01
    ·2021-05-07
    Like and Comment Please. Btw i bought this company share! Thanks!
    Reply
    Report
    Fold Replies
    • Jingyan
      ComMent back please thank u
      2021-05-08
      Reply
      Report
    • Hodl
      Like and comment please
      2021-05-08
      Reply
      Report
  • canoboi
    ·2021-05-07
    Ok. Like n comment thanks
    Reply
    Report
    Fold Replies
    • Erico58
      Done
      2021-05-07
      Reply
      Report
    • J288
      ok
      2021-05-07
      Reply
      Report
    • Ben01
      Comment and like bacK please. Thanks
      2021-05-07
      Reply
      Report
  • GM33
    ·2021-05-07
    Like n comment
    Reply
    Report
    Fold Replies
    • J288
      ok
      2021-05-07
      Reply
      Report
    • Ben01
      Comment back please
      2021-05-07
      Reply
      Report
  • PeiYi99
    ·2021-05-07
    Oh no
    Reply
    Report
    Fold Replies
    • Jojofi
      [Sad]
      2021-05-07
      Reply
      Report
    • J288
      ok
      2021-05-07
      Reply
      Report
  • lohyiying
    ·2021-05-07
    like and comment
    Reply
    Report
    Fold Replies
    • JY00
      Ok... have you bought this share?
      2021-05-07
      Reply
      Report
    • J288
      ok
      2021-05-07
      Reply
      Report
    • canoboi
      like
      2021-05-07
      Reply
      Report
    View more 1 comments
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial