#Chinabased keep linkdoc us ipotimes full. Its revenue surged 89 percent to CNY942 million.LATEST China Chip Gear Ban May Whack 2.5 Billion Off Lams Revenue Cover Story: The Sweeping Impact of New U.S. According to anonymously-sourced whispers, LinkDoc, a provider of cancer-focused health care services using big data and artificial intelligence, had planned to sell 10. IPOs due to regulatory pressure include fitness tech company Keep. #Chinabased keep linkdoc us ipotimes full Chinese medical data group LinkDoc Technology has shelved plans for an IPO in the US amid the clampdown on overseas listings, Reuters reported Thursday, citing sources with direct knowledge of the. Last week, citing concerns over national data security, China’s Cyberspace Administration of China initiated a review of Didi, Full Truck, and Boss Zhipin, three recent US-listed technology companies According to reporting by the Financial Times, other Chinese tech companies who. Also, the company admitted that its main source of revenue relies on a small number of key clients. On June 11, Beijing passed a new Data Security Law that regulates how companies collect, store and use data. The Alibaba-backed company offers a repository of big data for the healthcare industry such as clinical trials, AI diagnosis, and management.Ĭontext: Data security and cyber sovereignty are also what China emphasis in recent years. LinkDoc, which due to price its shares on Thursday and expected to raise more than $200m, shelved its Nasdaq IPO plans this week. “After communication with the relevant regulators, Ximalaya understands that a Hong Kong listing would be regarded as a preferred outcome,” people with knowledge of the matter told Financial Times. ![]() Ximalaya, which had issued a prospectus in April, also canceled its US IPO in recent weeks.
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