YI
111ยทNASDAQ
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YI Profile
111, Inc.
A leading tech-enabled healthcare platform company in China
Consumer Goods Distribution and Retail
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09/12/2018
NASDAQ Stock Exchange
1,238
12-31
Depository Receipts (Ordinary Shares)
3-4/F, No.295 ZuChongZhiRoad, Pudong New Area, Shanghai, 201203, China
Source procurement and online e-commerce for drug sales
No. 1 Yaowang, the predecessor of 111, Inc. (formerly known as Yaowang), was incorporated under the laws of the Cayman Islands in May 2013. The company provides hundreds of millions of consumers with better pharmaceutical products and medical services, directly through their online retail pharmacies and indirectly through their offline pharmacy network. According to Frost & Sullivan, 1 Drugstore has been the largest direct selling online pharmacy in China since 2016 in terms of GMV. In 2016, they launched online medical services through their Internet hospitals, 1 clinic, providing consumers with cost-effective online wholesale pharmacies, 1 drug mall, and serving as a one-stop shop for purchasing massive pharmaceutical products such as pharmacies, clinics, and hospitals.
