ByteDance-owned Xiaohe Health has acquired private medical institution Meizhong Yihe for about 10 billion yuan ($1.5 billion). Meizhong Yihe is a private medical institution that provides one-stop services for obstetrics, gynecology, pediatrics, assisted reproduction, postpartum rehabilitation, postpartum recuperation, and medical beauty. It currently has 7 women’s and children’s hospitals, 2 comprehensive outpatient centers and 5 monthly The sub-center has covered the three major regions of Beijing-Tianjin-Hebei, Yangtze River Delta and Pearl River Delta. Analysts believe that ByteDance is looking at the assisted reproduction license owned by the United States and China Yihe. In the context of declining birth rates, assisted reproduction is considered to have great potential in the future.
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