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Dingdang Medicine Express

Updated: 06/2021

Dingdang Medicine Express

China / Beijing , China

Website

Series C 06/2021

Pitch

One of China’s biggest medicine delivery unicorns, Dingdang offers 24/7 AI-robo service and consultation, offline smart pharmacies, and delivery in under 30 minutes.

Why

Emergency medicine 24/7

Unexpected illnesses or accidents require urgent delivery of medicine anytime, anywhere.

High costs of medicine

Multi-layered distribution channels increase costs of medical products resulting in high retail prices.

E-shopping lifestyle

Online shopping is fast becoming the norm, especially for younger consumers.

Market

RMB 147.6bn

Projected medical e-commerce sales in China by 2022, growing at a CAGR of 13.87% from RMB 73.6bn in 2017: China’s Ministry of Commerce

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