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0 0.0139664804469274 0.0139664804469274 0.0139664804469274 -0.0555865921787709 -0.00167597765363122 -0.0279329608938548 0.0279329608938548
Stock impact report

Zhibao Technology Announces Strategic Expansion in the Pet Insurance Market Through Its "Chong Bao Bao" Platform [Yahoo! Finance]

Zhibao Technology Inc. - Class A Ordinary Shares (ZBAO) 
Company Research Source: Yahoo! Finance
Zhibao Technology has announced a strategic expansion into the pet insurance market in China through its 'Chong Bao Bao' platform, which offers pet medical and liability insurance solutions. Was this helpful? Yes No What is the market potential for pet insurance in China and globally? According to Allied Market Research, the global pet insurance market is expected to grow from $10.1 billion in 2023 to $38.3 billion by 2033, with Asia-Pacific being the fastest-growing region. In China, market penetration for pet insurance stands at less than 1% as of 2023, indicating significant growth potential. Was this helpful? Yes No Who are the key partners and stakeholders involved in Zhibao Technology's pet insurance business? Zhibao Technology's pet insurance business involves partnerships with UAN Pets, as well as leading Chinese insurers such as PICC and Ping An, and online platforms like Alipay. The company's subsidiary, Sunshine Insurance Brokers, is also involved in th Show less Read more
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