WeDoctor to seek HK listing

WeDoctor is planning to file for an initial public offering in Hong Kong  next month after fetching a valuation of US$6.8 billion in its latest funding round, according to people familiar with the matter, Bloomberg reports.

The Tencent Holdings-backed company raised about US$400 million in a pre-IPO round at the end of last year, the people said, requesting not to be named because the matter is private. Jeff Chen rejoined the company as chief strategy officer looking after capital markets and the listing process following a stint at Singapore’s Fullerton Healthcare Corp., they added.