ByteDance Establishes a Medical Laboratory

On December 29, Shanghai Weihe Medical Laboratory Co., Ltd. was established with a registered capital of 1 million yuan. The legal representative is Wu Haifeng. Its business scope includes inspection and testing services; medical services; medical research and experimental development.

Equity penetration information shows that the company is indirectly wholly-owned by ByteDance.

A few days ago, ByteDance just invested in Dynegene Technologies, an IVD company focusing on high-throughput nucleic acid synthesis and other subdivisions.

In fact, ByteDance has begun to deploy in the medical field in 2020. The first step is to complete the wholly-owned acquisition of Baikemy.com, a popular medical science knowledge platform.