Huize Has Completed Its International Arm Poni Insurtech's Acquisition Of 71.7% Stake In Global Care Consulting Joint Stock Company, A Vietnam-based Insurtech Company Specializing In Digital Transformation Solutions For The Insurance Industry
Portfolio Pulse from Benzinga Newsdesk
Huize has completed the acquisition of a 71.7% stake in Global Care Consulting, a Vietnam-based insurtech company, through its international arm Poni Insurtech. This acquisition was achieved via existing share purchases and new share subscriptions.
September 05, 2024 | 10:47 am
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Huize's acquisition of a majority stake in Global Care Consulting strengthens its position in the insurtech sector, potentially boosting its digital transformation capabilities.
The acquisition of a significant stake in a Vietnam-based insurtech company suggests strategic expansion and enhancement of Huize's digital transformation solutions. This move is likely to positively impact Huize's market position and growth prospects in the insurtech industry.
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