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111, Inc.: Business Overview, Financials & Competitive Analysis

111, Inc. operates an integrated online and offline platform in the healthcare market in China through B2C and B2B segments. The company, co-founded in 2010, digitally connects patients with drugs and healthcare servi...

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What's in This Report
111, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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6/ 10Solid

Cyborg Score thesis

Transforming Chinese healthcare through integrated digital-physical platform with emerging profitability and growth...

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Industry Digital Healthcare / Healthcare E-commerce
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 22, 2026
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111, Inc. Overview

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111, Inc. operates an integrated online and offline platform in the healthcare market in China through B2C and B2B segments. The company, co-founded in 2010, digitally connects patients with drugs and healthcare services to build the largest healthcare platform in China.

Strategic Profile

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Through its S2B2C business model, 111 leverages technology to enable businesses to serve customers better across its omni-channel platform. In 2024, the company achieved 14.40 billion RMB in revenue and achieved its first-ever annual operating profit.

Competitive Landscape

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111 operates an integrated online and offline healthcare platform in China, selling medical and wellness products through online retail and pharmacy networks while providing online consultation and prescription services. Main competitors include other digital health platforms in China's healthcare e-commerce space, though 111 differentiates through its omni-channel model combining B2B wholesale, B2C retail, and virtual pharmacy networks.

Industry Context

111, Inc. operates in Digital Healthcare / Healthcare E-commerce.

Key facts

Founded: 2010 · Headquarters: Shanghai, China · Revenue: 14.40B RMB · Market cap: $0.069B

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Online Healthcare PlatformE-commerce and online healthcare services in China→Digital Pharmacy NetworkIntegrated digital health ecosystem and online pharmacy services→Healthcare E-commerceDigital healthcare services and medical e-commerce→

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Industry context

111, Inc. operates in Digital Healthcare / Healthcare E-commerce. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does 111, Inc. do?+
111, Inc. operates an integrated online and offline platform in the healthcare market in China through B2C and B2B segments. The company, co-founded in 2010, digitally connects patients with drugs and healthcare servi...
What is 111, Inc.'s Cyborg Score?+
111, Inc. has a Cyborg Score of 6/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are 111, Inc.'s main competitors?+
Named competitors include Online Healthcare Platform, Digital Pharmacy Network, Healthcare E-commerce. The full competitive landscape is in the AskCyborg report.
How can I get the full 111, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the 111, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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