50 million join Alibaba’s health insurance co-op

Thursday, April 11, 2019

1. 50 million sign up for health insurance co-op through Alibaba app

In October 2018, internet giant Alibaba’s affiliate Ant Financial launched a mutual aid health  insurance product called Xiānghù Bǎo” 相互宝” — literally, “mutual treasure,” hereafter XHB. Users of Alibaba services with a Sesame Credit score of 600 or higher can join the XHB collective, wi…

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