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Stock impact report

111 Partners with Financial Institutions in Battle Against Coronavirus

111, Inc. - American Depositary Shares (YI) 
Company Research Source: PR Newswire
SHANGHAI, Feb. 20, 2020 /PRNewswire/ -- 111, Inc. (NASDAQ: YI, "111" or the "Company") has announced that it will leverage its knowhow and technology in the battle against the novel coronavirus (COVID-19) public health crisis, through partnerships with some of China's leading financial institutions to distribute medical services via apps to their extensive consumer bases. Currently 111's partnerships with the Industrial and Commercial Bank of China, UnionPay QuickPass, Shanghai Pudong Development Bank, Wuhan Zhongbang Bank, Yiren Wealth, among others, are providing free online medical consultations. 111's partnership with the Industrial and Commercial Bank of China is a pilot program aiming to provide online consultation to 13 million users in Shanghai.Dr. Gang Yu, Co-Founder and Executive Chairman of 111, said: "So far, we have partnered with roughly 30 companies from the financial sector to offer free online consultation and prescription refills to their customers. These partnership Show less Read more
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