111, Inc. (YI)

Provides digital healthcare services and products, focusing on internet-based medical and healthcare services.

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111, Inc., headquartered in Shanghai, China, operates a comprehensive integrated platform serving the healthcare market through both online and offline channels. Structured into B2B and B2C segments, the company offers a wide range of medical and wellness products. These include prescription and over-the-counter drugs, encompassing both western pharmaceuticals and traditional Chinese medicines, as well as nutritional supplements, medical devices, personal care items, and baby products. 111, Inc. also facilitates online consultation and electronic prescription services, enhancing accessibility and convenience for consumers.

In addition to its extensive product offerings, 111, Inc. operates an online marketplace enabling third-party sellers to directly engage with pharmacies, further expanding its reach and product diversity. The company provides supplementary services such as warehousing, logistics, procurement, and software development to optimize supply chain efficiency and customer satisfaction. It also offers data integration services and online loan applications tailored to the needs of pharmacies and wholesalers affiliated with its platform.

Founded in 2010 as New Peak Group and rebranded as 111, Inc. in April 2018, the company has established itself as a pivotal player in China's healthcare ecosystem. Serving a diverse clientele including pharmacies, pharmaceutical companies, medical professionals, and insurance providers, 111, Inc. continues to innovate and evolve, leveraging technology to streamline healthcare delivery and enhance operational efficiencies across its network.

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