Baidu Quietly Acquires Full Control of Beijing Kangfuzi Health Technology Co., Ltd.

VCBeat (WeChat ID: vcbeat) has learned that, according to public records, Beijing Baidu Netcom Technology Co., Ltd. acquired 100% equity interest in Beijing Kangfuzi Health Technology Co., Ltd. on February 28, with the legal representative changing from Hu Teng to Huang Yan.

FigureImage source: Tianyancha

It is worth noting that Beijing Kangfuzi Health Technology Co., Ltd. was established on December 5, 2018, and is not the well-known AI healthcare company “Kangfuzi” (full name: Beijing Kangfuzi Technology Co., Ltd.). This establishment date came just one month after the 2018 Baidu World Conference. Meanwhile, public records show that the supervisor of this company currently works at Baidu.

It is widely known that Baidu has resumed its strategic layout in the healthcare sector. At this juncture, Kangfuzi and its comprehensive medical knowledge graph may serve as a significant springboard for Baidu’s entry into the healthcare industry. However, the ultimate outcome remains to be seen, pending Baidu’s next moves.