Waterdrop (WDH) has released an update.
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Waterdrop Inc., a prominent tech platform in insurance and healthcare, reported a robust first quarter in 2024 with a 36.5% quarter-over-quarter net profit increase and a positive operating cash flow. The company’s first-year premiums saw a 3.7% year-over-year growth, with life insurance products showing significant gains. Waterdrop also highlighted its expanded crowdfunding efforts, assisting over 3.17 million patients, and its progress in digital clinical trial services with nearly 7,800 patients enrolled.
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