The Company through its subsidiaries primarily provide online insurance brokerage services to match and connect users with relevant insurance products underwritten by insurance companies in the People's Republic of China.
The Company is a technology platform dedicated to insurance and healthcare service with a positive social impact. Through its medical crowdfunding, insurance marketplace, and healthcare, it has built a massive socialnetwork of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China.
The Company operates and manages its business as a single segment.
HISTORY
2016 Prior to the incorporation of the Company, the Company commenced its operation in 2016 and mainly carried out its business operation through Beijing Zongqing Xiangqian Technology Co., Ltd (“Zongqing Xiangqian”) and its wholly-owned subsidiaries Beijing Shuidi Hubao Technology Co., Ltd. (“Shuidi Hubao”) and Beijing Shuidi Hulian Technology Co., Ltd. (“Shuidi Hulian”). Zongqing Xiangqian was a limited liability company founded in 2016 by Mr. Shen Peng, the founder and the Chief Executive Officer (the “CEO” or the “Founder”) of the Company.
2018 The Company was incorporated in May 2018 under the laws of the Cayman Islands.
2021 The Company s ADSs was listed on the New York Stock Exchange under the symbol “WDH.” on May 7, 2021.
Headquarters
Block C, Wangjing Science And Technology Park, No. 2 Lize Zhonger Road, Chaoyang District
Beijing; Beijing;
Postal Code: 100102
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Website: http://www.waterdrop-inc.com
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