BEIJING, Nov. 22, 2021 /PRNewswire/ -- Shen Peng, Founder and CEO of Waterdrop Inc.
(NYSE: WDH) ("Waterdrop" or "the Company"), a leading technology
platform dedicated to insurance and healthcare service with a
positive social impact, has been awarded with the Young
Entrepreneur of the Year award at the ACES Awards, for bringing
affordable healthcare available to all through Waterdrop's
businesses.
Shen Peng's motivation to found a
company with strong social responsibility like Waterdrop derives
from his personal career journey. As a founding member of Meituan,
China's largest service-focused
e-commerce platform, Shen joined Meituan in 2010 as No.10 employee
and worked all the way to the leader of Meituan's food delivery
business nationwide. During the years, Shen also saw some delivery
staff have difficulties to afford expensive medical treatments for
themselves or their families. Moved by the plight of one
deliveryman's mother, who had a brain tumour but unable to afford
the urgent surgery cost, Shen launched a company-wide donation
campaign which raised RMB60,000
(c.US$9,000) to support the poor
family. The experience motivated Shen to help more people beyond
his company.
Shen's dream for Waterdrop is to bring quality and affordable
insurance and healthcare services to billions of people through
technology. He concedes this will not be easy, but the upside is
that Waterdrop will be able to provide better medical services and
treatments at a lower cost to users. And the company will further
make great changes to China's
insurance and healthcare industries.
By June 2021, Waterdrop's medical
crowdfunding platform had raised RMB43
billion (US$5.7 billion) in
donations with the help of over 372 million donors, assisting 2.1
million people with their medical bills. As for the company's
Insurance Marketplace platform, it has over 24.9 million paying
insurance consumers.
Shanggari Balakrishnan, Chief Executive Officer, MORS Group,
said, "The best inspiration for young people is the role model from
young people. Shen Peng's noble goal
of helping people from medical payment trouble and his drive to
succeed, make him the key promoter to the development of insurance
and healthcare industries."
The ACES Awards are an internationally acclaimed and important
annual event that recognizes inspiring leaders, sustainability
advocates, and individual companies for their contributions to the
communities they serve and the world at large. Due to the pandemic,
this year's ACES Awards were held online, which brought together
the best companies and most innovative business leaders from all
regions of Asia. The conference
summarized the achievements and experiences of Asian enterprises in
pioneering innovation and sustainability over the past year and
presented awards to winning companies.
About Waterdrop Inc.
Waterdrop Inc. (NYSE: WDH) is a leading technology platform
dedicated to insurance and healthcare service with a positive
social impact. Founded in 2016, with the comprehensive coverage of
Waterdrop Insurance Marketplace and Medical Crowdfunding, Waterdrop
aims to bring insurance and healthcare service to billions through
technology. For more information, please visit
www.waterdrop-inc.com.
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SOURCE Waterdrop Inc.