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In an interview at the World Economic Forum, Jeremy Allaire, the CEO of Circle, a Boston-based crypto trading firm, predicted the upcoming mass adoption of digital currencies. As the blockchain infrastructure continues improving, Allaire also said, more and more people could use digital currencies in daily life. Previously, IDG Capital was the lead investor in Circle's $50 million Series C and $60 million Series D funding rounds.
Ping An Good Doctor, China's largest healthcare and online medial platform, recorded an increase of 10 times in the number of new registered users between January and February. The platform currently provides free online and telephone consultations to people concerned about Corona Virus. Ping An Good Doctor is targeting 10 million users of the service by 2024. Previously, IDG Capital backed Ping An Good Doctor in 2016 and 2018. The company went public in 2018 with a valuation of $7.45 billion.