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What Do They Do?

Connects consumers with health and life insurance through an online marketplace and advisory services, and runs medical crowdfunding for patients and clinical-trial recruitment for pharmaceutical and biotechnology companies.

Who Are Their Customers?

Insurance consumers arrive through third-party traffic channels, the medical crowdfunding platform and Waterdrop’s social-media and returning-user channels. Insurance carriers, brokers and agencies use its technical services, while biopharmaceutical and biotechnology companies hire it to match patients with clinical trials.

How Are They Changing?

Insurance-content services The insurance business description has expanded beyond the product marketplace to include Shenlanbao's insurance education and product-review content, used to attract consumers and generate commissions.

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