Ant Group’s Xianghubao Issues Latest Mutual Aid List

Ant Group’s Xianghubao Issues Latest Mutual Aid List

.
( Source: Sanlam Truth)

Your internet browser does not support HTML5 audio

On Friday, Xianghubao, a shared help health-care platform under Ant Group, revealed its most current shared help list 10 days after it revealed a closure notification. The list consists of 3,875 members who will get an overall of 560 million yuan in shared help financing borne by the platform.

Previously, Xianghubao stated it would stop operations from January 18, 2022 and existing members would no longer have the ability to bear claims settlement expenses through the platform. The funds subtracted on Tuesday and the subsequent 2 rounds throughout the month of January 2022 will all be borne by Xianghubao. The platform is recommending members to select a brand-new security plan according to their own requirements.

According to Xianghubao, the business has actually raised 26 billion shared help in funds in the 3 years given that its launch, assisting almost 180,000 members. With the boost of signed up ill users, the platform has to raise the quantity shared by all users to stabilize their expenditures.

SEE LIKEWISE: Ant Group Shuts Mutual Help Platform Xianghubao In The Middle Of Crackdown

In 2021, due to more stringent regulative policies, excellent modifications have actually happened in the shared support market. 9 platforms under web giants, such as Meituan and Waterdrop Inc., have actually been closed down leaving numerous registrants in limbo.

.

Learn More

Author: admin