NEW
YORK, Dec. 21, 2023 /PRNewswire/ -- The board of
directors (the "Board") of ETAO International Co. Ltd. (the
"Company") approved the appointment of Ryoshin Nakade, as ETAO
Japan president of the Company, effective on November 22, 2023. Wensheng (Wilson) Liu, Chairman and CEO of ETAO
stated, "We are thrilled about ETAO's new appointment of Ryoshin
Nakade as ETAO Japan president. With the support of Mr. Ryoshin
Nakade, ETAO would scale up its 'Buy Build and Expand' and 'Online
Merging Offline 'strategy in Asian market quickly. We hope that in
turn would speed up the development and market penetration of
ETAO's integrated healthcare services for global customers."
ETAO Announces Appointment of Ryoshin
Nakade as ETAO Japan president.
Since September 2018, Mr. Ryoshin
has served as the chairman of the Tokyo Robot Co., Ltd, a company
focuses on the artificial intelligence technology development. From
April 2021 to March 2022, Mr. Ryoshin was a founding member of
Lawyer Corporation AURA. Mr. Ryoshin has also been a researcher
focus on industry economics and upgrade at Japan University of Economics since
October 2022. Mr. Ryoshin attended
Toyo University from April 1990 to
March 1994 and received his
bachelor's degree in law. He attended National Ibaraki University
from April 2012 to March 2014 and obtained his master's degree in
agriculture. From April 2015 to
March 2020, he attended the National
Tokyo University of Agriculture and
Technology and received his Ph.D in agriculture.
About ETAO International Group
ETAO International Group ("ETAO"), a Cayman
Islands company, aims to be the leading digital healthcare
group providing telemedicine, hospital care, primary care,
pharmacy, and health insurance covering all life stages of
patients. ETAO became a public company listed in Nasdaq through
merging with Mountain Crest Acquisition Corp. III (MCAE) on
Feb 21, 2023. "ETAO" brand means
"Best Medical Way" with transformative medical care and
unparalleled service. As a holding company with no material
operations of its own, ETAO conducts substantially all of the
operations through five variable interest entities ("VIEs") located
in China, which have entered into
a series of the VIE Agreements with certain indirect subsidiaries
of ETAO. For accounting purposes, ETAO is the primary beneficiary
of the VIEs' business operations through the VIE Agreements, which
enable ETAO to consolidate the financial results in its
consolidated financial statements under U.S. GAAP for four of the
VIEs and for the one remaining VIE, in which ETAO does not own a
majority interest, its financial statements will not be
consolidated with the financial statements of ETAO. ETAO aims to
provide best-in-class internet medical services, such as artificial
intelligence and big data technologies, to improve health care
delivery and quality in specialized clinics and hospital settings.
ETAO's is in the process of building a platform that is seamlessly
integrated based on its ability to combine technology and health
sciences.
Media Contact:
Wilson
Liu
Tel:347-306-5134, wilson.liu@etao.world
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SOURCE ETAO International Co., Ltd.