Transaction value of medical e-commerce in China 2016-2021
Since China Food and Drug Administration (CFDA) changed its regulations on online drug sales in 2014, many pharmaceutical companies have embraced the idea of selling medicines via e-commerce platforms. In 2020, China's medical e-commerce has been thriving, with a total transaction value of 196 billion yuan. Ali Health, JD Health, Jianke.com, and 111, Inc. are the major digital and mobile healthcare platforms in the country.