News China23 Apr 2021

Listing candidate Waterdrop derives 90% of operating revenue from insurance brokerage

| 23 Apr 2021

Waterdrop, a Chinese independent third-party insurance platform company focussing on terms of life and health insurance, which has applied for an initial public offering on the New York Stock Exchange, reveals in its prospectus filed with the US Securities and Exchange Commission, that insurance brokerage income accounted for nearly 90% of its total net operating revenue.

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