In weak insurance market, Waterdrop finds solace in benevolence crowdfunding
The insurance broker’s net profit rose about 150% year-on-year in the third quarter, on the back of the strong performance for its crowdfunding business Key Takeaways: Waterdrop’s revenue increased just…
FAST NEWS: Waterdrop profit plunges on crowdfunding platform’s losses
The latest: Online insurer Waterdrop Inc. (WDH.US) on Thursday announced its profit plunged 78.6% to 33.6 million yuan ($4.68 million) in the third quarter, though the result still represented its seventh consecutive quarterly…
FAST NEWS: Waterdrop posts sixth consecutive quarterly profit
The latest: Online insurer Waterdrop Inc. (WDH.US) on Thursday reported a 21.7 million yuan ($2.95 million) net profit in the second quarter, its sixth consecutive quarterly profit. Looking up: The company's insurance…
FAST NEWS: Waterdrop Flows to Profit After Cost-Control Measures
The latest: Online insurer Waterdrop Inc. (WDH.US) successfully turned a loss into a profit in the first quarter of the year, with a net profit of 105 million yuan ($15.6 million) from a…
