Yuyue relies on e-commerce to make 1.2 billion yuan to enter the European market

Domestic home medical equipment of leading enterprises - Jiangsu Yuyue Medical Equipment Co., Ltd. (diving medical) newly released 2015 annual report, looked carefully, a lot of content.

Last year, the company's total operating income was 2.104 billion yuan, a year-on-year increase of 25.09%; the net profit after deduction was 351 million yuan, an increase of 31.36%.

Among them, the income of home medical equipment was 950 million, an increase of 11% year-on-year; the income of medical clinical equipment was 400 million, a year-on-year increase of 192%, mainly brought by the merger and acquisition of the machinery group.

In 3 years, Yu Yue made a big profit of 1.2 billion yuan in e-commerce!

Last year, e-commerce brought about 400 million yuan in revenue to Yuyue Medical, accounting for 20% of the company's overall revenue. Sales growth doubled year-on-year and performed brilliantly.

The time that Yuyue Medical is exerting power on e-commerce is actually not long, but the explosive power is amazing!

In 2013, the company set up a new e-commerce department, and set up brand flagship stores on major e-commerce platforms such as Tmall and JD. It mainly sells sphygmomanometers, blood glucose meters, ventilators, oxygen generators, atomizers and other products.

In the first half of 2014, the company's e-commerce revenue was 90 million yuan, much more than expected; over 200 million yuan for the whole year, B2C became a big profit contribution point.

On the 11th of 2015, Yuyue Medical sold 96,000 sphygmomanometers in Tmall's official flagship store, with a daily sales of nearly 30 million yuan. One of the explosions sold 50,000 units. The company's annual e-commerce revenue is about 400 million yuan.

In 2016, it is predicted that the company's e-commerce income is expected to reach 600 million.

Based on this calculation, after diving into the e-commerce business, Yuyue Medical earned 1.2 billion in three years!

Yuyue Medical's e-commerce strategy brings more than just channel sales, such as the sales of electronic sphygmomanometers directly to Omron. There is also a changed market competition pattern and the brand “Matthew effect”.

But the ambition of the fish jump does not stop there.

Hand in hand, the Internet + has a place to jump

The consumer base of medical e-commerce is expanding, Internet + medical technology is improving, and Ali is no longer a pure commodity trading platform. Ma Yun is more concerned about "Internet +".

The impact of the Internet + on the pharmaceutical industry has entered a new stage, and Yu Yue and Ali Health have reached multiple strategic partnerships.

On March 31 last year, Yuyue Technology bought 51.51% of the shares of China Resources Wandong from the state-owned Beijing Pharmaceutical. On April 17, Yuyue Technology signed the Strategic Cooperation Framework Agreement with Ali Health.

According to the agreement, Yuyue Technology's three major platforms, Yuyue Medical and Ali fully cooperate in the field of intelligent health hardware; Medical Cloud Health and Ali cooperate fully in doctor-patient interaction, chronic disease management and remote health consultation; China Resources Wandong and Ali Full cooperation on medical imaging and Alibaba Health Cloud Hospital platform.

At the end of March this year, Ali Health took a share of 225 million yuan to participate in the medical imaging company "Wan Liyun" under the China Resources Wandong, and obtained a 25% stake in the latter. According to this calculation, Wanliyun has not made any money, and the valuation is as high as 900 million yuan.

Through deep and multi-angle cooperation with Ali, Yu Yue has already occupied a place in the hot Internet +. We must know that there are still few companies in the domestic medical device companies who have joined the Internet giant BAT.

Baidu has a wearable brand dulife itself; Tencent is holding hands with Bao Laite, and intelligent body fat health scale manufacturers have PICOOC; and Ali is currently only in strategic cooperation with Yuyue Medical, China Resources Wandong and Dean Diagnostics, 3 of 2 The home is a fish jump.

Internet + is still not profitable, but remote chronic disease management, remote medical diagnosis caters to the trend of graded diagnosis and treatment, and then backed by big trees to enjoy the cool, the imagination of the future is immeasurable.

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