This article only represents the author's own views.
A few years ago, Ping An Healthcare and Technology Co. Ltd. (1833.HK) was one of a golden trio of platforms with a bright future in online medical care. But since the Covid pandemic, missed opportunities and management churn have taken the shine off the company.
When patients flocked to online platforms, the other big-name providers – JD Health (6618.HK) and Alibaba Health (0241.HK) – took advantage of the “Covid dividend” to cement their leading positions in the industry. Meanwhile Ping An Healthcare, also known as Ping An Good Doctor, chose to shift its strategy towards serving corporate customers, and fell behind its competitors.
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