China’s pharmaceutical e-commerce sales are forecast to grow to US$26.3 million by 2028 and account for almost a third of retail sales. Photo: Shutterstock
China’s pharmaceutical e-commerce sales are forecast to grow to US$26.3 million by 2028 and account for almost a third of retail sales. Photo: Shutterstock

Alibaba Health, JD Health pull Chinese healthcare stocks lower amid fears of a crackdown on online pharma platforms

  • Alibaba Health fell by 13.8 per cent for its worst decline in 11 months, while JD Health slumped 14.8 per cent
  • Mainland Chinese media reported that Beijing is mulling a ban on sales of medicines on third-party e-commerce platforms

China’s pharmaceutical e-commerce sales are forecast to grow to US$26.3 million by 2028 and account for almost a third of retail sales. Photo: Shutterstock
China’s pharmaceutical e-commerce sales are forecast to grow to US$26.3 million by 2028 and account for almost a third of retail sales. Photo: Shutterstock
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