M&A 2018 Annual Review

Trusted Doctors The firm advised Shanghai-based Trusted Doctors (Xingren) on its strategic merger with Tencent Doctorwork to create a larger private healthcare network in China that offers an ecosystem of both online and offline services that increases access to medical care. The newly formed venture, named Tencent Trusted Doctors, will have 33 clinics in eight cities in China. “TENCENT TRUSTED DOCTORS WILL BE CENTERED ON ‘PEOPLE.’ THE ‘PEOPLE’ ARE THE PUBLIC, THE DOCTOR, AND THE WHOLE TEAM. THIS IS THE MEANING OF THE PLATFORM. WE ARE VERY APPRECIATIVE OF THE HIGHLY COMPETITIVE INDUSTRY PARTNERS WHO AIM TO IMPROVE MEDICAL CARE TOGETHER…TODAY, THE TWO SIDES CAN COME TOGETHER AND THE FUTURE IS FULL OF POSSIBILITIES.” Martin Shen, Co-founder, Trusted Doctors MORRISON & FOERSTER 2018 M&A ANNUAL REVIEW 30