JD.com in online pharmacy tie-up with Shanghai Pharma
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Shanghai
CHINESE e-commerce giant JD.com Inc has tied up with leading Chinese drugmaker Shanghai Pharmaceuticals Holding Co Ltd to develop its online healthcare business, the drugmaker said in a filing on Monday.
The move reflects a growing rivalry between Chinese e-commerce firms over China's fast-growing online healthcare market, with technology seen as a potential cure for a sector that is bogged down by high prices, snarling hospital queues and frequent allegations of corruption.
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