Developer docs
API playgroundTry for free, no card

Search company profiles

111, Inc.

Full company profile

uuid00043o7

Namestring
111, Inc.
Legal namestring
111, Inc.
Company typeenum
Public
Founded yearint
2010
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersShanghai, China
HQ citystring
Shanghai
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Offices10 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
online pharmacy, digital healthcare platform, B2B pharmaceutical distribution, internet hospital, drug commercialization
Industry4 codes
1DTC Telehealth with Integrated Online Pharmacy (Cash-Pay/Subscription)
CodeHLALAIAAPrimaryYes
2B2B Marketplaces & Wholesale Platforms
CodeBPAMAGADPrimaryNo
3Specialty Pharmacy & Complex Therapy Management Platforms
CodeHLACAKAGPrimaryNo
4Health, Wellness & Pharmacy Marketplaces
CodeCRAFABAFPrimaryNo
NAICS code2 codes
  • Pharmacies and Drug Retailers456110
  • Drugs and Druggists' Sundries Merchant Wholesalers42421
SIC code2 codes
  • Retail-Drug Stores And Proprietary Stores5912
  • Wholesale-Drugs, Proprietaries & Druggists' Sundries5122
Product category
Online Pharmacy and Digital Healthcare Platform
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model6 records
1B2C Product Sales
TypeTransaction Fee
Description

Revenue from direct-to-consumer online pharmacy sales through 1药网 platform, selling pharmaceutical products and health products to end consumers

prnewswire.com
2B2B Product Sales
TypeTransaction Fee
Description

Revenue from wholesale pharmacy platform (1药城) serving pharmacies, hospitals, and pharmaceutical distributors with integrated distribution solutions

corporate.111.com.cn
3Marketplace Services
TypeSubscription Recurring
Description

Platform services revenue including digital marketing, patient education, data analytics, and pricing monitoring for pharmaceutical partners - grew 24.7% YoY in Q1 2026

prnewswire.com
4Promotional Products
TypeTransaction Fee
Description

Revenue from promotional products net revenue - grew 70.2% YoY in Q1 2026

prnewswire.com
5Healthcare Services (1诊)
TypeTransaction Fee
Description

Online consultation, e-prescription services, and patient management services through internet hospital platform

corporate.111.com.cn
6SaaS and Technology Services
TypeSubscription Recurring
Description

Cloud-based solutions, CRM tools, digital marketing tools, and supply chain technology services for pharmacies and pharmaceutical companies

corporate.111.com.cn
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Brand1 of 3 records shown
11 Drugstore (1药网)
Description

B2C online pharmacy platform serving millions of consumers with pharmaceutical products and medical services

corporate.111.com.cn
+2 more records
Core offering1 text field

111, Inc. operates an integrated digital healthcare platform in China through three core businesses: 1 Drugstore (B2C online pharmacy selling pharmaceutical and health products directly to consumers), 1 Clinic (Internet hospital providing online consultations and e-prescriptions), and 1 Drug Mall (B2B platform supplying pharmacies and hospitals). The platforms are unified under an S2B2C model, complemented by cloud-based SaaS tools (Yun Store, Yun Clinic, Yun Inventory, Yun CRM), an omnichannel drug commercialization service for pharma partners, and a proprietary smart supply chain spanning 8 fulfillment centers serving 550+ cities within 24 hours.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • Deliveries within 24 hours to over 550 cities
+7 more records
Product overview1 text field

111, Inc. (1药网) operates as an integrated digital pharmacy and healthcare platform in China, organized as a platform-plus-modules architecture. The core portfolio consists of three main products: 1药网 (B2C pharmacy platform), 1诊 (Internet hospital), and 1药城 (B2B pharmacy platform), unified under the S2B2C (Supply chain platform to enable Businesses to serve Consumers) model. These three platforms are complemented by an omnichannel drug commercialization platform for pharmaceutical partners, a suite of SaaS tools (云店铺/云诊所/云库存/云CRM) for pharmacy digitization, and the proprietary smart supply chain infrastructure spanning 8 fulfillment centers. The company also operates the 1起健康 Digital Pharmacy Alliance as a sub-brand membership program. The ecosystem integrates online and offline channels, B2B and B2C operations, self-operated and partner platforms, and medical + pharmaceutical + insurance services, enabling digital connections between patients, pharmaceutical companies, pharmacies, doctors, and insurance providers.

Product and service4 records
11 Drugstore (1药网)
CategoryOnline Pharmacy (B2C)
Description

B2C online pharmacy platform serving consumers directly with pharmaceutical products, OTC drugs, and a one-stop 'consultation + treatment' health solution integrating with 1 Clinic internet hospital.

21 Clinic (1诊)
CategoryInternet Hospital / Telehealth
Description

Internet hospital platform providing online consultations, e-prescription services, and chronic disease patient management across diabetes, oncology, psoriasis, liver cancer, and other therapeutic areas.

31 Drug Mall (1药城)
CategoryB2B Pharmaceutical Distribution
Description

B2B pharmaceutical distribution platform supplying pharmacies, hospitals, and medical institutions with integrated supply chain services including cloud inventory, intelligent procurement, category management, and same-day delivery.

4Diabetes Specialist Internet Hospital (糖尿病专科互联网医院)
Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership20 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2022-03-14
Description

Strategic cooperation for COVID-19 antigen test kit distribution. 1药网 became the exclusive online retail platform for BGI's COVID-19 antigen test kits.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2022-02-23
Description

Strategic direct supply partnership for Chinese patent medicine digitalization, focusing on ENT and eye disease treatments in tier-2/3 cities.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-12-21
Description

First full-channel drug commercialization partner. Exclusive direct supply of prescription drugs including rivaroxaban, amoxicillin, and dirithromycin. 1药网 helps CONBA expand into grassroots markets and improve patient reach.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-10-14
Description

First full-channel commercialization partner for Chugai. Collaboration focuses on cardiovascular chronic disease management and digital healthcare services to improve patient access to innovative medicines.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2021-10-14
Description

Strategic cooperation for TCM digitalization, building internet specialty platforms for neurology and orthopedics, and developing doctor collaboration programs.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2021-08-03
Description

Deep strategic partnership making 1药网 Bayer Healthcare's only direct-supply digital platform in China. Collaboration covers full-channel drug commercialization, chronic disease management, patient education, and internet hospital services. Bayer's innovative drugs and high-quality generic medicines expand into online and offline markets through 1药网's omni-channel platform.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-07-13
Description

Strategic cooperation to build liver cancer patient management platform integrating online consultation, medication accessibility, and patient education. Platform provides integrated disease management services for liver cancer patients.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-03-17
Description

First-ever strategic partnership to build an online oncology disease management platform. The platform integrates 1药网's internet hospital, smart supply chain, AI solutions, and DTP drug delivery to create comprehensive cancer care services, improving patient access to innovative oncology drugs and extending doctors' service radius.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2020-12-16
Description

Expanded 2021 strategic cooperation covering full product lines including cardiovascular, endocrine, and anti-viral medications. Also exploring winter worm grass product commercialization.

10Nanjing Tianqing (南京正大天晴)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2020-12-15
Description

Full-channel pharmaceutical commercialization partnership. 1药网 provides supply chain solutions, digital marketing, and access to 300,000+ pharmacies. First-year cooperation exceeded 100 million RMB.

corporate.111.com.cn
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2020-11-06
Description

Important strategic cooperation at China International Import Expo for full-channel pharmaceutical and OTC product commercialization.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2020-09-24
Description

Collaboration on '银聚未来' psoriasis disease management program. Jointly exploring internet+psoriasis management models leveraging 1药网's digital platform and Novartis's innovative dermatology drugs.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2020-09-24
Description

Strategic partnership for children's medicine internet commercialization, leveraging 1药网's platform to reach more families.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2020-09-24
Description

Full-channel commercialization partnership for traditional Chinese medicine products, leveraging digital tools for market expansion.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2020-08-25
Description

Deep strategic partnership for digital transformation of traditional Chinese medicine. 1药网 provides full-channel commercialization including online sales, B2B distribution, and dual-brand exclusive collaboration on products like 六味地黄丸, 阿胶.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2020-05-08
Description

Launched China's first diabetes specialty internet hospital platform within 50 days. Collaboration includes chronic disease management, patient education, and online pharmacy services. The platform provides integrated 'medical + pharmaceutical' services including consultation, prescription, and medication delivery.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2018-07-01
Description

Digital distribution partnership for grassroots market expansion. Products like 神威健阳片 achieved 200%+ sales growth through the platform.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Strategic cooperation on online medical services, medical cost control, health insurance, and PBM services to build integrated healthcare ecosystem.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership for chronic disease management, online consultation, prescription delivery, and PBM exploration to build complete healthcare service ecosystem.

20Manulife-Sinochem (中宏保险)
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Early partnership on prevention, consultation, pharmacy, and PBM services to build integrated health service ecosystem.

corporate.111.com.cn
Recent move11 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

JD Health operates one of China's largest online healthcare platforms combining B2C pharmacy, B2B distribution, and consumer healthcare services. Directly comparable to 111 as a Chinese digital pharmacy/healthcare platform with integrated supply chain, though backed by JD.com's broader logistics ecosystem.

TypeDirect peer
Description

We Doctor operates one of China's largest internet hospital and appointment booking platforms, with growing online pharmacy and B2B capabilities. Directly comparable to 111's 1诊 internet hospital and overall S2B2C healthcare platform model.

TypeRegional player
Description

Amazon Pharmacy operates online prescription fulfillment and B2C pharmacy services in the US. Comparable to 111's 1药网 B2C pharmacy model, though limited to US geography and lacking the integrated internet hospital and B2B distribution capabilities.

TypeDirect peer
Description

Yaoshibang is a leading Chinese B2B pharmaceutical e-commerce platform connecting upstream manufacturers with retail pharmacies. Directly comparable to 111's 1药城 B2B wholesale platform business, focused exclusively on pharmacy-to-pharmacy supply chain.

TypeBroad incumbent
Description

CVS Health operates a vast US pharmacy retail, pharmacy benefit management, and healthcare services platform. A broad incumbent comparable to 111's integrated pharmacy-plus-services strategy, though operating in a vastly more developed market with offline retail scale.

TypeDirect peer
Description

Ping An Good Doctor is a leading Chinese internet healthcare platform combining online consultation, B2C pharmacy, and consumer health management. Comparable to 111 in telehealth-plus-pharmacy integration, with stronger insurance integration through the Ping An ecosystem.

TypeBroad incumbent
Description

Walgreens Boots Alliance is a global pharmacy retail and wholesale distribution giant. Comparable to 111 as an integrated pharmacy and healthcare services platform, though operating primarily through owned retail footprints in mature Western markets.

TypeDirect peer
Description

Alibaba Health operates China's leading B2C pharmaceutical e-commerce platform on Tmall, plus B2B distribution and healthcare services. Directly competes with 111 in Chinese online pharmacy, internet hospital, and pharma commercialization services, with the structural advantage of Alibaba's traffic and logistics.

TypeDirect peer
Description

Dingdang Health operates online pharmacy and on-demand drug delivery services in China through its network of smart pharmacies. Directly comparable to 111's B2C pharmacy business, with stronger emphasis on rapid urban delivery rather than nationwide B2B distribution.

TypeEmerging player
Description

Medlinker operates a Chinese internet hospital platform focused on chronic disease management and doctor collaboration. Comparable to 111's 1诊 internet hospital vertical, with stronger specialty chronic disease focus but smaller pharmacy distribution footprint.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers13 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration5 records

Each record includes

Title, Type, Description, Source

AI capability8 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

111, Inc.

Online Pharmacy and Digital Healthcare Platformcorporate.111.com.cn

111, Inc. firmographics

Firmographics
Name
111, Inc.
Legal name
111, Inc.
Website
http://corporate.111.com.cn
Company type
Public
Founded year
2010
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

111, Inc. industry classification

Industry
Product category
Online Pharmacy and Digital Healthcare Platform
NAICS
Pharmacies and Drug Retailers (456110), Drugs and Druggists' Sundries Merchant Wholesalers (42421)
SIC
Retail-Drug Stores And Proprietary Stores (5912), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
akta.pro primary industry
DTC Telehealth with Integrated Online Pharmacy (Cash-Pay/Subscription) (HLALAIAA)
akta.pro secondary industries
B2B Marketplaces & Wholesale Platforms (BPAMAGAD), Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG), Health, Wellness & Pharmacy Marketplaces (CRAFABAF)

Keywords

  • Online pharmacy
  • Digital healthcare platform
  • B2B pharmaceutical distribution
  • Internet hospital
  • Drug commercialization

Where 111, Inc. is headquartered

Location

Headquarters

HQ city
Shanghai
HQ country
China
HQ region
Asia

Offices10 records

Markets served

111, Inc. business model

Business model
GTM type
B2B and B2C
Offering type
Digital Commerce or Content
Cost components
Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. B2C Product Sales: Revenue from direct-to-consumer online pharmacy sales through 1药网 platform, selling pharmaceutical products and health products to end consumers
  2. B2B Product Sales: Revenue from wholesale pharmacy platform (1药城) serving pharmacies, hospitals, and pharmaceutical distributors with integrated distribution solutions
  3. Marketplace Services: Platform services revenue including digital marketing, patient education, data analytics, and pricing monitoring for pharmaceutical partners - grew 24.7% YoY in Q1 2026
  4. Promotional Products: Revenue from promotional products net revenue - grew 70.2% YoY in Q1 2026
  5. Healthcare Services (1诊): Online consultation, e-prescription services, and patient management services through internet hospital platform
  6. SaaS and Technology Services: Cloud-based solutions, CRM tools, digital marketing tools, and supply chain technology services for pharmacies and pharmaceutical companies

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

111, Inc. product offering

Product offering

Core offering

111, Inc. operates an integrated digital healthcare platform in China through three core businesses: 1 Drugstore (B2C online pharmacy selling pharmaceutical and health products directly to consumers), 1 Clinic (Internet hospital providing online consultations and e-prescriptions), and 1 Drug Mall (B2B platform supplying pharmacies and hospitals). The platforms are unified under an S2B2C model, complemented by cloud-based SaaS tools (Yun Store, Yun Clinic, Yun Inventory, Yun CRM), an omnichannel drug commercialization service for pharma partners, and a proprietary smart supply chain spanning 8 fulfillment centers serving 550+ cities within 24 hours.

Product overview

111, Inc. (1药网) operates as an integrated digital pharmacy and healthcare platform in China, organized as a platform-plus-modules architecture. The core portfolio consists of three main products: 1药网 (B2C pharmacy platform), 1诊 (Internet hospital), and 1药城 (B2B pharmacy platform), unified under the S2B2C (Supply chain platform to enable Businesses to serve Consumers) model. These three platforms are complemented by an omnichannel drug commercialization platform for pharmaceutical partners, a suite of SaaS tools (云店铺/云诊所/云库存/云CRM) for pharmacy digitization, and the proprietary smart supply chain infrastructure spanning 8 fulfillment centers. The company also operates the 1起健康 Digital Pharmacy Alliance as a sub-brand membership program. The ecosystem integrates online and offline channels, B2B and B2C operations, self-operated and partner platforms, and medical + pharmaceutical + insurance services, enabling digital connections between patients, pharmaceutical companies, pharmacies, doctors, and insurance providers.

Differentiator

Problem solved

Functional benefit

Brands

  • 1 Drugstore (1药网): B2C online pharmacy platform serving millions of consumers with pharmaceutical products and medical services
  • 1 Clinic (1诊)
  • 1 Drug Mall (1药城)

Products and services

  • 1 Drugstore (1药网) B2C online pharmacy platform serving consumers directly with pharmaceutical products, OTC drugs, and a one-stop 'consultation + treatment' health solution integrating with 1 Clinic internet hospital.
  • 1 Clinic (1诊) Internet hospital platform providing online consultations, e-prescription services, and chronic disease patient management across diabetes, oncology, psoriasis, liver cancer, and other therapeutic areas.
  • 1 Drug Mall (1药城) B2B pharmaceutical distribution platform supplying pharmacies, hospitals, and medical institutions with integrated supply chain services including cloud inventory, intelligent procurement, category management, and same-day delivery.
  • Diabetes Specialist Internet Hospital (糖尿病专科互联网医院)

Quantifiable outcome

  • Deliveries within 24 hours to over 550 cities
  • +7 more outcomes

Companies that use 111, Inc.

Customer profile

Named customers13 records

Segments5 records

Ideal customer profiles4 records

111, Inc. technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature6 records

111, Inc. partnerships and signals

Strategic signal

Partnerships

20 partnerships are on record, tiered minor, core and flagship.

  • BGI Genomics (华大基因)minorStrategic or Co-development Partner · 14 March 2022Strategic cooperation for COVID-19 antigen test kit distribution. 1药网 became the exclusive online retail platform for BGI's COVID-19 antigen test kits.
  • Beilin Pharmaceutical (碑林药业)minorStrategic or Co-development Partner · 23 February 2022Strategic direct supply partnership for Chinese patent medicine digitalization, focusing on ENT and eye disease treatments in tier-2/3 cities.
  • CONBA (康恩贝)coreStrategic or Co-development Partner · 21 December 2021First full-channel drug commercialization partner. Exclusive direct supply of prescription drugs including rivaroxaban, amoxicillin, and dirithromycin. 1药网 helps CONBA expand into grassroots markets and improve patient reach.
  • Chugai Pharma China (日健中外制药)coreStrategic or Co-development Partner · 14 October 2021First full-channel commercialization partner for Chugai. Collaboration focuses on cardiovascular chronic disease management and digital healthcare services to improve patient access to innovative medicines.
  • Kangyuan Pharmaceutical (康缘药业)minorStrategic or Co-development Partner · 14 October 2021Strategic cooperation for TCM digitalization, building internet specialty platforms for neurology and orthopedics, and developing doctor collaboration programs.
  • Bayer Healthcare (拜耳医药保健有限公司)flagshipStrategic or Co-development Partner · 3 August 2021Deep strategic partnership making 1药网 Bayer Healthcare's only direct-supply digital platform in China. Collaboration covers full-channel drug commercialization, chronic disease management, patient education, and internet hospital services. Bayer's innovative drugs and high-quality generic medicines expand into online and offline markets through 1药网's omni-channel platform.
  • Zelgen (泽璟制药)coreStrategic or Co-development Partner · 13 July 2021Strategic cooperation to build liver cancer patient management platform integrating online consultation, medication accessibility, and patient education. Platform provides integrated disease management services for liver cancer patients.
  • BeiGene (百济神州)coreStrategic or Co-development Partner · 17 March 2021First-ever strategic partnership to build an online oncology disease management platform. The platform integrates 1药网's internet hospital, smart supply chain, AI solutions, and DTP drug delivery to create comprehensive cancer care services, improving patient access to innovative oncology drugs and extending doctors' service radius.
  • HEC Group (东阳光集团)coreStrategic or Co-development Partner · 16 December 2020Expanded 2021 strategic cooperation covering full product lines including cardiovascular, endocrine, and anti-viral medications. Also exploring winter worm grass product commercialization.
  • Nanjing Tianqing (南京正大天晴)coreStrategic or Co-development Partner · 15 December 2020Full-channel pharmaceutical commercialization partnership. 1药网 provides supply chain solutions, digital marketing, and access to 300,000+ pharmacies. First-year cooperation exceeded 100 million RMB.
  • Abbott China (雅培)minorStrategic or Co-development Partner · 6 November 2020Important strategic cooperation at China International Import Expo for full-channel pharmaceutical and OTC product commercialization.
  • Novartis China (诺华制药)coreStrategic or Co-development Partner · 24 September 2020Collaboration on '银聚未来' psoriasis disease management program. Jointly exploring internet+psoriasis management models leveraging 1药网's digital platform and Novartis's innovative dermatology drugs.
  • Huluwa Pharmaceutical (葫芦娃药业)minorStrategic or Co-development Partner · 24 September 2020Strategic partnership for children's medicine internet commercialization, leveraging 1药网's platform to reach more families.
  • Xiangxue Pharmaceutical (香雪制药)minorStrategic or Co-development Partner · 24 September 2020Full-channel commercialization partnership for traditional Chinese medicine products, leveraging digital tools for market expansion.
  • Beijing Tong Ren Tang Technology (北京同仁堂科技)coreStrategic or Co-development Partner · 25 August 2020Deep strategic partnership for digital transformation of traditional Chinese medicine. 1药网 provides full-channel commercialization including online sales, B2B distribution, and dual-brand exclusive collaboration on products like 六味地黄丸, 阿胶.
  • Eli Lilly China (礼来中国)flagshipStrategic or Co-development Partner · 8 May 2020Launched China's first diabetes specialty internet hospital platform within 50 days. Collaboration includes chronic disease management, patient education, and online pharmacy services. The platform provides integrated 'medical + pharmaceutical' services including consultation, prescription, and medication delivery.
  • Shineway (神威药业)minorStrategic or Co-development Partner · 1 July 2018Digital distribution partnership for grassroots market expansion. Products like 神威健阳片 achieved 200%+ sales growth through the platform.
  • Taikang Online (泰康在线)minorStrategic or Co-development PartnerStrategic cooperation on online medical services, medical cost control, health insurance, and PBM services to build integrated healthcare ecosystem.
  • MSH China (万欣和)minorStrategic or Co-development PartnerPartnership for chronic disease management, online consultation, prescription delivery, and PBM exploration to build complete healthcare service ecosystem.
  • Manulife-Sinochem (中宏保险)minorStrategic or Co-development PartnerEarly partnership on prevention, consultation, pharmacy, and PBM services to build integrated health service ecosystem.

Scale indicators14 records

Recent moves11 records

Expansion highlights6 records

111, Inc. competitors and assessment

Company assessment

Direct peers

  • JD Health International Inc. JD Health operates one of China's largest online healthcare platforms combining B2C pharmacy, B2B distribution, and consumer healthcare services. Directly comparable to 111 as a Chinese digital pharmacy/healthcare platform with integrated supply chain, though backed by JD.com's broader logistics ecosystem.
  • We Doctor Group Limited: We Doctor operates one of China's largest internet hospital and appointment booking platforms, with growing online pharmacy and B2B capabilities. Directly comparable to 111's 1诊 internet hospital and overall S2B2C healthcare platform model.
  • Yaoshibang (YSB): Yaoshibang is a leading Chinese B2B pharmaceutical e-commerce platform connecting upstream manufacturers with retail pharmacies. Directly comparable to 111's 1药城 B2B wholesale platform business, focused exclusively on pharmacy-to-pharmacy supply chain.
  • Ping An Healthcare and Technology Company Limited: Ping An Good Doctor is a leading Chinese internet healthcare platform combining online consultation, B2C pharmacy, and consumer health management. Comparable to 111 in telehealth-plus-pharmacy integration, with stronger insurance integration through the Ping An ecosystem.
  • Alibaba Health Information Technology Limited: Alibaba Health operates China's leading B2C pharmaceutical e-commerce platform on Tmall, plus B2B distribution and healthcare services. Directly competes with 111 in Chinese online pharmacy, internet hospital, and pharma commercialization services, with the structural advantage of Alibaba's traffic and logistics.
  • Dingdang Health (Yiqilin): Dingdang Health operates online pharmacy and on-demand drug delivery services in China through its network of smart pharmacies. Directly comparable to 111's B2C pharmacy business, with stronger emphasis on rapid urban delivery rather than nationwide B2B distribution.

Regional players

  • Amazon Pharmacy: Amazon Pharmacy operates online prescription fulfillment and B2C pharmacy services in the US. Comparable to 111's 1药网 B2C pharmacy model, though limited to US geography and lacking the integrated internet hospital and B2B distribution capabilities.

Broad incumbents

  • CVS Health Corporation: CVS Health operates a vast US pharmacy retail, pharmacy benefit management, and healthcare services platform. A broad incumbent comparable to 111's integrated pharmacy-plus-services strategy, though operating in a vastly more developed market with offline retail scale.
  • Walgreens Boots Alliance: Walgreens Boots Alliance is a global pharmacy retail and wholesale distribution giant. Comparable to 111 as an integrated pharmacy and healthcare services platform, though operating primarily through owned retail footprints in mature Western markets.

Emerging players

  • Medlinker: Medlinker operates a Chinese internet hospital platform focused on chronic disease management and doctor collaboration. Comparable to 111's 1诊 internet hospital vertical, with stronger specialty chronic disease focus but smaller pharmacy distribution footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

111, Inc. social profiles

Digital presence

111, Inc. compliance and trust

Trust signal

Compliance1 record

111, Inc. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

111, Inc. leadership team

Management profile

Number of profiles

Profiles10 records

111, Inc. subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

111, Inc. funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

111, Inc. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 111, Inc.

What does 111, Inc. do?

111, Inc. operates an integrated digital healthcare platform in China through three core businesses: 1 Drugstore (B2C online pharmacy selling pharmaceutical and health products directly to consumers), 1 Clinic (Internet hospital providing online consultations and e-prescriptions), and 1 Drug Mall (B2B platform supplying pharmacies and hospitals). The platforms are unified under an S2B2C model, complemented by cloud-based SaaS tools (Yun Store, Yun Clinic, Yun Inventory, Yun CRM), an omnichannel drug commercialization service for pharma partners, and a proprietary smart supply chain spanning 8 fulfillment centers serving 550+ cities within 24 hours.

Is 111, Inc. a public or private company?

111, Inc. is a public company. It is classified as public and is currently operating.

When was 111, Inc. founded?

111, Inc. was founded in 2010. It employs 1,001 to 5,000 people.

Where is 111, Inc. based?

111, Inc. is headquartered in Shanghai, China, in the Asia region.

How does 111, Inc. make money?

Six revenue lines are on record. B2C Product Sales are the primary driver. The others are B2B Product Sales, marketplace Services, promotional Products, healthcare Services (1诊) and saaS and Technology Services.

Who are 111, Inc.'s main competitors?

Direct peers on record are JD Health International Inc., We Doctor Group Limited, Yaoshibang (YSB), Ping An Healthcare and Technology Company Limited, Alibaba Health Information Technology Limited and Dingdang Health (Yiqilin). Amazon Pharmacy is listed as a regional player. Broad incumbents are CVS Health Corporation and Walgreens Boots Alliance. Medlinker is listed as an emerging player.

Does 111, Inc. have an API?

No public API is recorded for 111, Inc..

What industry is 111, Inc. in?

111, Inc.'s product category is Online Pharmacy and Digital Healthcare Platform. Its primary akta.pro industry code is HLALAIAA, DTC Telehealth with Integrated Online Pharmacy (Cash-Pay/Subscription), with a secondary code of BPAMAGAD, B2B Marketplaces & Wholesale Platforms. Its NAICS code is 456110 and its SIC code is 5912.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
American Banking and Market News111 (NASDAQ:YI) versus Elevance Health (NYSE:ELV) Financial ReviewElevance Health beats 111 on 13 of 14 financial factors, including higher revenue ($199.12B vs $1.80B) and earnings ($5.66B vs -$9.65M). Analysts rate Elevance Health more favorably with a consensus price target of $440.90, implying 14.03% upside.Defense WorldComparing Option Care Health (NASDAQ:OPCH) & 111 (NASDAQ:YI)Option Care Health beats 111 on 12 of 14 factors, including higher revenue ($5.65B vs $1.80B) and earnings. Analysts rate Option Care Health more favorably with a consensus price target of $29.92, implying 33% upside. Institutional ownership is 98% for Option Care Health versus 21.3% for 111.Ticker ReportComparing Elevance Health (NYSE:ELV) & 111 (NASDAQ:YI)Elevance Health outperforms 111 on 13 of 14 factors, including analyst ratings, institutional ownership, and profitability. Elevance Health has a consensus target price of $440.90, implying 13.12% upside, while 111 trades at a lower P/E ratio. The comparison highlights Elevance Health's stronger financials and institutional backing.Markets DailyFinancial Analysis: Option Care Health (NASDAQ:OPCH) and 111 (NASDAQ:YI)Option Care Health outperforms 111 on 12 of 14 factors, including higher revenue, earnings, and profitability. Analysts rate Option Care Health more favorably with a consensus target price of $29.92, implying 30.67% upside. The comparison highlights Option Care Health's stronger institutional ownership and lower risk.PRESSBEE111, Inc. Announces Establishment of the Special Committee ...Middle East111, Inc. announced the establishment of a special committee comprising three independent directors, including Jian Sun. The committee was formed to address a specific matter, though the announcement did not disclose the subject. The company is a tech-enabled healthcare platform based in China.Stock Titan111, Inc. Forms Special Committee to Review Proposal111, Inc. formed a three-member independent board committee to evaluate a preliminary, non-binding proposal and other strategic alternatives. The committee, chaired by Jian Sun, will consider the proposal letter dated September 16, 2026, and no decisions have been made. The company does not undertake any obligation to provide updates.PR Newswire111, Inc. Announces Establishment of the Special Committee111, Inc. announced the establishment of a special committee of three independent directors to evaluate a preliminary, non-binding proposal letter dated September 16, 2026. The committee, chaired by Jian Sun, will consider the proposal and other strategic alternatives, with no decisions made yet.Ticker Report111 (NASDAQ:YI) Releases Earnings Results111 reported Q4 earnings of $0.60 per share on revenue of $338.55 million. The stock opened at $3.56, and analysts have a consensus Sell rating, with Weiss Ratings downgrading from a sell (d-) to a sell (e+).Pulse 2.0111: Revenue From Promotional Products Jumps 121% As Healthcare Platform Expands AI Agent Strategy111, Inc. reported Q2 net revenue of RMB2.3 billion, down 28.3% year over year, as it shifts toward an asset-light platform model. Promotional products revenue rose 121% to RMB60.7 million, and the company is deploying AI agents to cut operating costs and automate workflows.Seeking Alpha111 Inc. gains 12% on preliminary go-private proposal from buyer group (YI:NASDAQ)111 Inc. received a preliminary, non-binding proposal from its co-founders and Huadeng Tech BioArray Ventures to acquire all remaining shares in a going-private transaction valued at $4.52 per American depositary share ($0.226 per Class A share) in cash. The stock rose 12% on the news.