111 (NASDAQ: YI) — Company Overview, News & Financial Data
111 is a digital healthcare platform in China offering telemedicine, online pharmacy services and smart supply chain solutions.
111
111 is a digital healthcare platform company based in China that provides integrated online and offline pharmaceutical and medical services. Founded in 2010, the company connects patients with pharmaceutical products, medical providers, and healthcare insurance services through a technology-enabled supply chain and S2B2C business model. Its digital ecosystem comprises a B2C retail pharmacy platform, a B2B pharmaceutical marketplace, and an internet hospital system. The company delivers omni-channel commercialization solutions, smart supply chain management, and SaaS cloud tools for pharmaceutical manufacturers, retail pharmacies, physicians, and individual consumers across China.
Snapshot
Operations
Products and/or services of 111
- B2B Pharmaceutical Marketplace: Direct wholesale distribution network connecting pharmaceutical manufacturers and distributors with retail pharmacies, clinics, and medical facilities across China, facilitating bulk medicine procurement, order processing, and digital supply chain integration for business customers.
- B2C E-Commerce Pharmacy: Direct-to-consumer digital retail platform supplying prescription drugs, over-the-counter medicines, health supplements, and wellness products, offering online ordering, automated fulfillment, and home delivery services to individual consumers throughout China.
- Digital Internet Hospital Platform: Online medical consultation platform connecting patients with licensed physicians for remote consultations, electronic prescription issuance, chronic disease management, and digital health services integrated with medicine distribution networks.
- Omni-Channel Commercialization Services: Strategic partnership solutions for global and domestic pharmaceutical manufacturers, offering commercial drug launching, channel distribution, multi-channel marketing, and market access services across retail pharmacy networks and online digital platforms.
- Supply Chain and Logistics Infrastructure: Smart warehousing, cold-chain storage, inventory management, and nationwide fulfillment services tailored for pharmaceutical products, enabling rapid distribution and optimized drug delivery to pharmacy networks and healthcare institutions.
- Cloud and Software Services: Digital SaaS tools and cloud-based management systems provided to retail pharmacies and healthcare partners, enabling digitized inventory tracking, customer relationship management, online storefront operation, and data-driven business intelligence.
111 executive team
- Dr. Gang Yu Ph.D.Co-Founder & Executive Chairman
- Mr. Junling LiuCo-Founder, Acting CFO, Chairman & CEO
- Mr. Haihui WangCo-Chief Operating Officer
- Mr. Pengcheng ZhuCo-Chief Operating Officer
- Monica MuIR Director
- Mr. Anfeng GuoChief Innovation Officer
- Mr. Alex LiuFinance Director