Waterdrop Inc.

Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services in the People's Republic of China. The company connects users with insurance products underwritten by various insurance companies, offering both short-term and long-term health and life insurance policies. Additionally, Waterdrop operates a medical crowdfunding platform that helps individuals raise funds for medical expenses. It also runs E-Find, a clinical trial patient recruitment platform that assists pharmaceutical companies in finding suitable participants for clinical trials. Furthermore, Waterdrop offers technical services to insurance brokerage or agency companies through customer relationship management systems.

Waterdrop Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol WDH. The company's shares are traded in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. Being listed on the NYSE provides Waterdrop with access to a broad base of international investors and enhances its visibility in the global financial markets.

Waterdrop Inc. operates in the Financial Services sector, specifically within the Insurance - Diversified industry. This classification reflects the company's core business of providing online insurance brokerage services, which involves matching customers with a variety of insurance products from different underwriters. As a diversified insurance broker, Waterdrop offers both health and life insurance products, covering short-term and long-term policies, thereby catering to a wide range of customer needs in the insurance market.

Waterdrop Inc. is headquartered in Beijing, the People's Republic of China. The company primarily serves the Chinese market, offering its online insurance brokerage services to customers across the country. Through its platform, Waterdrop connects users with insurance products from various Chinese insurance companies. Additionally, its medical crowdfunding platform and clinical trial patient recruitment service (E-Find) are also focused on the Chinese market, helping individuals and pharmaceutical companies within China. The company's operations are entirely based in China, and it does not have a significant presence in other countries.

Waterdrop Inc. generates revenue primarily through its online insurance brokerage services. The company earns commissions by matching and connecting users with insurance products underwritten by insurance companies. These products include both short-term and long-term health and life insurance policies. Additionally, Waterdrop operates a medical crowdfunding platform, which likely generates revenue through service fees or donations. The company also offers technical services to other insurance brokerage or agency companies via customer relationship management systems, providing another revenue stream. Furthermore, its E-Find platform, which recruits patients for clinical trials for pharmaceutical companies, may generate fees for matching services. Overall, Waterdrop's business model is centered on facilitating insurance transactions and providing related services in the Chinese market.