Ping An was founded by chairman Peter Ma Mingzhe in Shenzhen three decades ago as a life insurance company. Photo: Reuters

Chinese giant Ping An earmarks US$1.7 billion for technology that will bring its insurance, health care businesses together

  • Company budgets 1 per cent of previous year’s revenue for investment in technology for the following year. Its revenue rose to 1.27 trillion in 2019
  • Next step forward is to invest in tech to bundle insurance products with health care services, co-CEO says
Topic |   Ping An Insurance

TOP PICKS

Ping An was founded by chairman Peter Ma Mingzhe in Shenzhen three decades ago as a life insurance company. Photo: Reuters
READ FULL ARTICLE