360 and Guoguo Guohua, a subsidiary of Sinopharm Group, announced that the two companies have signed a strategic cooperation framework agreement to jointly establish an e-commerce company and use Internet thinking to build a new medical e-commerce platform. The industry believes that for Sinopharm, this is both an opportunity and a challenge.
According to the introduction, the cooperation between the two parties aims to build a online drug sales platform with the most complete, most abundant and safest drug types. Sinopharm Group will provide the new company with the widest possible range of resources and pharmaceutical products to fully support the development of e-commerce platform; 360 assist in the construction of e-commerce trading platform, ensure the operation of the platform and transaction security, and provide search, cloud computing, and platform for the platform. Technical support for big data, mobile app development, and resources including Internet marketing and massive customers.
It is reported that this cooperation with 360 is the re-emergence of Sinopharm Group in the field of e-commerce. In the past few years, Sinopharm Group has established e-commerce platforms such as Sinopharm Health, Sinopharm Testing, Sinopharm Mall, and Pharmacy Network. In February of this year, the company established the Sinopharm Health Network based on these platforms and released trial runs worldwide, which means The construction of its e-commerce will be developed from the previous direction of centralization and unity.
According to industry analysts, e-commerce risks are huge and business is complex and changeable. This is extremely demanding for corporate strategic decision-making and response speed. State-owned enterprises such as Sinopharm Group have always emphasized stability and security, and their business methods are difficult to adapt to the e-commerce business. This will be a big challenge.
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