Domestic deals of M&A investment in China's life science industry 2018, by acquirer
In 2018, four domestic mergers and acquisitions were completed in the life science industry in China. Alibaba acquired the service company iKang Healthcare for 1.4 billion U.S. dollars in March 2018. To diversify the healthcare services on Alibaba's Tmall platform, the enterprise spent around 1.35 billion yuan on purchasing JK Medical Products Limited in the same year.