LinkDoc will trade under the ticker LDOC. Among them, Alibaba Health intends to subscribe for $25 million worth of ADSs.Īlibaba Health's ownership in LinkDoc will be diluted to 7.4% from 8.4% following the IPO, excluding the impact of its IPO subscription.

Many of those openings are expected to result from the need to replace workers who transfer to different occupations or. About 13,500 openings for data scientists are projected each year, on average, over the decade. A technology team of more than 210 engineers and data scientists have guided WeLab. Employment of data scientists is projected to grow 36 percent from 2021 to 2031, much faster than the average for all occupations. LinkDoc said a number of existing shareholders and their affiliates have indicated their interest in subscribing for a total of $115 million of the company's ADSs in the offering. WeLab in fintech, and Link-Doc in medical diagnoses. Proceeds from the deal will be used for research and development, to enhance the group's technology infrastructures and to bring in more oncologists, data scientists and other experienced professionals into the company, among others.

The company, backed by Alibaba Health Information Technology (HKG:0241), is marketing 10.8 million American depositary shares priced between $17.50 and $19.50 apiece. 10:41 PM EDT, (MT Newswires) - Chinese online healthcare company LinkDoc Technology is seeking to raise as much as $211.1 million in its initial public offering on the Nasdaq stock market, according to an amended prospectus filed July 1.

Linkdoc data scientist