Caixin
Aug 06, 2014 04:45 PM

Backed by Investors, Health Apps Flex Muscle

(Beijing) -- Can a mobile device cure cancer? Not now. But Chinese investors targeting apps that help people make doctor appointments, order medicine and track a child's temperature see huge potential for mobile-accessible health services.

Among the interested investors are venture capital and private equity firms that ponied up some of the US$ 100 million for 33 health care-related app developers and service providers that was raised in China between January 2010 and March, according to the data and investment firm Zero2IPO Ventures.

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