WaterDrop[1] Inc(NYSE:WDH) is an insurance technology company in china. Founded in April,2016 by Peng Shen who was the CoFounder of Meituan (3690.HK) Food Delivery.
Waterdrop offers insurance and medical crowdfunding services through internet connectivity and social network.
The subject of numerous controversies, Waterdrop medical crowdfunding has been cited for inadequate vetting of information, with individual fundraisers providing false information to start crowdfunding.