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Company Overview

Business Description

Sector
Consumer Staples
Industry
Retail
Headquarters
China CN
Employees
1 238
IPO date
Sep 12, 2018

111 Inc is a China-based healthcare company that connects drug makers, pharmacies, doctors, and patients through an online platform. It sells prescription medicines, over-the-counter drugs, and other health products, and it also helps people find and buy care through digital channels. Its main customers are consumers, pharmacies, and healthcare partners that need a faster way to source medicines and serve patients.

The company makes money in a few straightforward ways: it earns sales revenue from medicine distribution, takes service fees from platform and technology services, and may also charge partners for supply-chain and pharmacy support. In simple terms, it sits in the middle of the healthcare supply chain, moving products from manufacturers to end buyers while adding ordering, data, and logistics support.

What makes 111 Inc different is that it is not just an online store or just a wholesaler. It combines pharmacy e-commerce, drug distribution, and software tools in one business, which helps it serve both consumers who want convenient access to medicine and businesses that need a dependable channel to sell and restock health products.

111 Inc Investor Relations

Address
3-4/F, No.295 Zuchongzhi Road, Pudong New Area
Shanghai
China

Business Segments

Pharma supply chain

The company buys medicines and other healthcare products from drug makers and distributors and supplies them through its online platform to pharmacies, clinics, and other healthcare buyers in China.

Customers and revenue model

Online pharmacy

The company sells prescription and over-the-counter medicines and health products directly to consumers through its online channels.

Customers and revenue model

Healthcare services

Description, customers and revenue model

Management

Dr. Gang Yu Ph.D.

Co-Founder & Executive Chairman

Biography unavailable

Mr. Junling Liu

Co-Founder, Acting CFO, Chairman & CEO

Biography unavailable

Mr. Pengcheng Zhu

Co-Chief Operating Officer

Biography unavailable

Monica Mu

IR Director

Biography unavailable

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