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YI Group: Three Sectors to Create an Internet Medical Ecosystem

In: Innovation of Digital Economy

Author

Listed:
  • Jie Zhang

    (Capital University of Economics and Business)

  • Xiaolin Ding

    (Capital University of Economics and Business)

  • Yanjun Lu

    (Capital University of Economics and Business)

  • Runbo Wang

    (Capital University of Economics and Business)

  • Yizhen Wang

    (Capital University of Economics and Business)

Abstract

In 2010, the Chinese people were facing the dilemma of “difficult to see a doctor and expensive to buy medicine”. In order to solve this medical problem that bothered the Chinese people, Yu Gang and Liu Junling created the 1 medicine network sub channel in the online supermarket store 1 they founded. In 2015, Yu Gang and Liu Junling left store 1 to operate 1 medicine network independently and founded YI group, this has opened the exploration road of YI group (1 drug network). After years of development, YIgroup has formed “1 drug network”, “1 diagnosis” and “1 drug city” The business model of the troika driving hand in hand has also formed an internet medical ecosystem with mutually beneficial coexistence of pharmaceutical enterprises, pharmacies, hospitals, other drug distributors and customers. So, how does YI group expand its business step by step? How to use science and technology to realize the Internet Medical ecosystem?

Suggested Citation

  • Jie Zhang & Xiaolin Ding & Yanjun Lu & Runbo Wang & Yizhen Wang, 2023. "YI Group: Three Sectors to Create an Internet Medical Ecosystem," Management for Professionals, in: Jianlin Zhang & Kezhen Ying & Kanliang Wang & Zhigang Fan & Ziyi Zhao (ed.), Innovation of Digital Economy, pages 163-169, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-99-1741-9_13
    DOI: 10.1007/978-981-99-1741-9_13
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