Swiss Re-backed Chinese InsurTech Waterdrop files for New York IPO
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Swiss Re-backed Chinese InsurTech Waterdrop files for New York IPO

Bernard Goyder
16 April 2021
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Chinese InsurTech Waterdrop has filed for an initial public offering on the New York Stock Exchange.

Waterdrop operates a medical crowdfunding platform and an online insurance marketplace. It received backing from Swiss Re and Tencent last year in a $230mn funding round, in a deal that valued that company at around $2bn, according to a...

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Bernard Goyder
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