About Molecular Data, Inc.
Molecular Data, Inc. operates a data-driven integrated platform in chemical e-commerce industry that provides database and business intelligence services, financing information services, and warehousing and logistics facilitation services. It operates through the following segments: Chemical Trading-Direct Sales Model, Chemical Trading-Marketplace Model, and Online Membership Service. The Chemical Trading-Direct Sales Model segment acquires chemicals from suppliers and sell directly to customers and generate revenue from the sales price of relevant chemicals. The Chemical Trading-Marketplace Model segment generates revenue from commission fees. The Online Membership Service segment refers to the revenue from the service fees charged to online members in relation to the membership services, including advertising services and market updates. The company was founded by Dong Liang Chang and Li Li in 2018 and is headquarter in Shanghai, China.