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JD Health Company profile

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GD Health is a leading China-based medical platform, which operates as a pharmaceutical e-commerce provider and online telemedicine platform. Incorporated in 2013 and headquartered in Beijing, GD Health International Inc is a healthcare subsidiary of the famous Chinese e-commerce giant JD.com.

GD Health provides a wide range of healthcare products, including: health equipment, medicines, herbal and supplements, reproductive and sexual health products. The company’s offering is available for wholesale and retail clients. GD Health delivers its products in 25 out of China’s 31 provinces. 

Online medical consultations are provided by doctors from China’s Tier-3 hospitals and are available not only for Chinese clients, but also for foreign clients. In March 2020, this online service was still available for free.

At the end of 2020, GD Health International filed for Asia's biggest health IPO, seeking $3.5bn. It issued 381.9 million shares priced 70.58 Hong Kong dollars ($9.11) per share.

The deal could value the healthcare unit of JD.com at almost $29bn. By comparison, the market capitalisation of the company’s biggest rival, Alibaba Health Information Technology, is $34.6bn.

GD Health shares first traded on the Hong Kong stock exchange on December 8, 2020. It was the largest healthcare initial public offering on the SEHK in 2020.  

GD Health International Inc. is the biggest Chinese healthcare e-commerce platform by revenue. According to its IPO filing, it gained 10,8bn yuan ($1.6bn) in 2019. As of June 30, 2020, the platform attracted 72.5 million active users, compared to 53.5 million users at the same time in 2019.

The company also proved its status as the leading online retail pharmacy, conquering 29.8 per cent of the market share. 

JD.com’s secondary listing in June raised $4.4bn and became the largest for Hong Kong stock market in 2020. JD.com is the owner of around 78 per cent of GD Health. 

You can track the GD Health stock price live at Capital.com and trade it with CFDs. Covid-19 pandemic raised investors’ interest in healthcare stocks, bringing more trading opportunities. 

Follow the latest GD Health share price and open a long or a short trade, depending on the stock’s performance. Track the GD Health shares today and decide whether to include the trendy Chinese healthcare services provider in your investment portfolio.