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Health Care

Ping An Good Doctor's first-half revenue jumps amid pandemic

Chinese app users warm to health care provider's services, but still posts loss

SHANGHAI -- Ping An Healthcare & Technology said its revenue surged in the first half of the year, fueled by greater public acceptance of online health care services amid the coronavirus pandemic.

Still, the Shanghai-based company remained in the red, posting a net loss of 213 million yuan ($30.8 million) for the first six months of 2020, compared with a 272 million yuan loss in the same period last year. It blamed the loss partly on higher marketing expenses, which swelled 80% as resources were diverted into online medical services, the largest growth contributor among its four business segments.

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