A few days ago, Dongguan Jingdong Pet Health Co., Ltd. was established. The legal representative is Yang Ye and the registered capital is 10 million yuan.

According to the Tianyancha platform, its business scope includes animal diagnosis and treatment, Internet hospital services relying on physical hospitals, veterinary drug operations, pet services, hospital management, pet food and supplies wholesale, etc. Shareholder information shows that the company is wholly owned by Suqian JD Tianning Health Technology Co., Ltd.

As an important e-commerce platform for pet brand management, JD.com has invested more in pet business in recent years. Among them, JD Health launched its new sub-brand - JD Pet Health. Its core business mainly includes JD Health Pet Pharmacy and JD Health Pet Hospital.

As business content continues to be optimized in line with market demand, JD Pet Health has opened up a closed service loop from online consultation, testing, to medical treatment. At the same time, it relies on digitalization and informatization capabilities to further improve pet health through multi-party cooperation. Data is used to create a database of pet case files for online and offline medical treatment.

Blackstone Group US$2.3 billion

Acquisition of online pet care market Rover

Pet industry expert news, Blackstone Group, the largest listed investment management company in the United States It was recently announced that the private equity fund managed by the company will acquire Rover Group, the world's largest pet care online marketplace, in an all-cash transaction with a valuation of approximately US$2.3 billion. The transaction is expected to be completed in the first quarter of 2024.

Under the terms of the agreement, Rover shareholders will receive $11 per share in cash, a premium of approximately 61% over the volume-weighted average share price of Rover’s Class A common stock in the previous 90 trading days.

Cooperation between Meng Veterinary Hospital and Sanqian Pet Doctors

Recently, Meng Veterinary Hospital and Sanqian Pet Doctors signed a strategic cooperation agreement. After this strategic cooperation, Meng Veterinary Hospital in Hangzhou The basic layout has been successfully completed, which also marks that its market share in East China has been further improved.

Xu Chao, Chief Operating Officer of Meng Veterinary Hospital, said: "This cooperation with Sanqian Pet Doctors is an important layout of Meng Veterinary Hospital in the field of pet medical treatment. We will join hands with Sanqian Pet Doctors to jointly Promote the development of the pet medical industry and provide more professional and high-quality medical services to the majority of pet lovers.”

Super Credible and Nicoreliable

New indications obtained in China. Batch

Recently, Boehringer Ingelheim announced that its Super Credible (afolana milbene oxime chewable tablets) and Nicoret (afolana chewable tablets) obtained Chinese approval in the third quarter of this year. Approved by the Ministry of Agriculture and Rural Affairs for the treatment of mite (Scabies and Demodex) infections in dogs. With the approval of new indications, the Super Trust series of products has become the first isoxazoline drug approved in China for the treatment of canine scabies and demodex infections.

Equity of Yuchuang Hengchen in Shanghai

Listing of custody trading center

Recently, Sichuan Yuchuang Hengchen Network Services Co., Ltd. was recommended by Shenzhen Zhongtian Capital Holdings The company (hereinafter referred to as "Yuchuang Hengchen") was successfully listed on the Shanghai Equity Custody Trading Center with the enterprise code "212511".

It is reported that Sichuan Yuchuang Hengchen Network Service Co., Ltd. is an Internet company focusing on pet services, with professional online and offline service teams. We are committed to creating a pet entertainment and social stage for all pets and pet owners through new models that meet the needs of pets. Its main brand, Kupet Planet, is committed to building a one-stop service platform for pet raising, covering the entire life cycle of pets, including pet grooming, medical care, food, insurance, entertainment, education, blind dates and other aspects. Use the core technologies and products independently developed by the team, combined with service merchants, pet users, etc., to actively promote the implementation of pet ecosystem applications.

Ukrainian pet food manufacturer

Invests 60 million euros to build factory

According to foreign media reports, Ukrainian pet food manufacturer Kormotech is expanding its production in Kėdainiai city The business of the factory, in which the company has invested more than 60 million euros, is divided into 4 production phases and will be completed between 2025 and 2028. This includes expanding the existing factory to 4,500 square meters.

Kormotech CEO and co-owner Rostyslav Vovk said the Lithuanian factory is an "important part" of the company's ecosystem as the situation in Ukraine continues to worsen.

It also pointed out that the Lithuanian factory "always operates at full capacity" and made up for the shortfall when the Ukrainian factory suffered interruptions. Currently, Lithuania has become Kormotech’s gateway into the region.

The Ukrainian pet food manufacturer expects that by 2025, the company will put the first production line into operation in the expanded factory area, and then add one production line every year. By 2028, four production lines will be put into operation.

Investment and Financing Information

Xunta Technology received tens of millions of yuan in angel round financing

Pet industry expert news, on November 29, Xunta Technology’s animals The Oasis Fengxian Cat Refuge and Adoption Base has officially opened. It is reported that the Animal Oasis Fengxian Cat Refuge and Adoption Base covers an area of ​​55 acres and is located in Xidu Town, Fengxian District, Shanghai. It houses nearly 10,000 stray cats. Xunta Technology establishes admission standards through self-built shelters, empowers social shelters, promotes the sustainable development of public welfare undertakings through business and nurturing charity, and builds a larger public welfare network.

At this opening event, Mr. Mao Benhao, the founder and CEO of Xunta Technology, announced that Xunta Technology has received tens of millions of yuan in angel round financing. The funds from this round of financing are mainly used for the new opening of the Animal Oasis Charity Base. , there are Miao APP operations nearby to promote the healthy and sustainable development of public welfare undertakings.

U.S. pet Saas software provider receives financing

According to foreign media reports, Petvisor, a pet medical and grooming software platform headquartered in Florida, has received a new round of investment of more than US$100 million. The investment was led by private equity firm Apax Digital, with participation from North Carolina-based Frontier Growth and New York-based PeakSpan Capital.

It is reported that Petvisor owns a series of software tools such as PetDesk, Vetstoria, WhiskerCloud, and Kontak, providing pet hospitals and pet service providers with a complete set of mobile tools to promote better communication, service, and customer retention. The company provides business support to more than 10,000 pet hospitals and more than 400 pet grooming institutions around the world, covering more than 20 million pet families.

U.S. pet insurance provider receives financing

Recently, pet insurance service provider Independence (IPG) announced that it has raised a new amount of funding of US$55.6 million, which will continue to To support business growth. The company will spend the remainder of the year developing a strategic plan for the brand and identifying product and partnership opportunities.

It is reported that Independence Pet Group® (IPG), headquartered in Chicago, is one of the largest pet insurance and service organizations in North America, second only to Trupanion and Nationwide. The company insures more than 800,000 pets in the United States and Canada and provides welfare, safety, resources and business solutions to the pet industry, including microchip identification and online pet registration.

Government Affairs&Other Information

Over 60 imported pet foods have been approved

Pet industry news, November 27, Ministry of Agriculture and Rural Affairs Announcement No. 728 was issued, which showed that 126 types of feed and feed additive products produced by 68 companies were approved to be registered or renewed in my country, 10 product change registrations were approved, and import registration certificates were renewed.

In this announcement, it is clear that there are 61 SKUs of new feed and feed additive products related to pets, including 28 SKUs of imported cat food; 19 SKUs of imported dog food, and nutritional supplements for dogs and cats. Agent 15 SKUs.

In terms of countries, the United States and Spain have the most approved pet foods to import. Among them, the United States has approved 18 pet foods, including 11 cat foods and 4 dog foods; Spain has approved 12 pet foods. Includes 9 types of cat food and 3 types of dog food.

From a product perspective, the pet food approved this time is still mainly puffed dry food. In addition, there are 4 approved freeze-dried staple foods and 13 approved staple wet foods.

Judging from the brands of the approved products, the brands involved in the pet foods approved this time include Baolu, Xingyi Shengqu, Royal, and GO! , NOW, etc.

WSAVA updates list of essential medicines for dogs and cats

The World Association of Small Animal Veterinarians (WSAVA) has released the second edition of the list of essential medicines for dogs and cats. The document, recently published in the journal Small Animal Practice, supports access to important veterinary medicines for companion animal veterinarians in many parts of the world by supporting the availability of medicines required for minimum clinical practice standards.

The new version includes updates provided by WSAVA members and other stakeholders since the first version was released in 2020. It includes some recently introduced medications and behavior modification therapies. Inhalational anesthetics and non-dissociative anesthetics have been moved from the Supplementary Essential Medicines List to the Core Essential Medicines List.

The WSAVA Essential Medicines List for dogs and cats is developed by the association’s Treatment Guidelines Group (TGG). The group leads the World Federation of Veterinary Medicines’ campaign to tackle global inequalities in access to veterinary medicines. Currently, there are serious disparities in access to even essential medicines around the world. This severely affects the ability of veterinarians to provide minimum standards of veterinary practice, which in turn harms animal welfare.