mWell acquires KonsultaMD, jointly strengthening healthcare access in PHL

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mWell acquires KonsultaMD, jointly strengthening healthcare access in PHL
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MAKATI CITY, Philippines, February 2025. Metro Pacific Health Tech Corporation (mWell), the pioneering digital healthcare arm of Metro Pacific Investments Corporation (MPIC), has entered into agreements with the Ayala Group to acquire KonsultaMD, an Ayala-led telehealth provider.

From left: MPIC Executive Director, Senior Advisor Stanley Yang, MPIC VP for Business Development Ryan Jerome T. Chua, MPIC VP for Legal Ricardo M. Pilares III, mWell President and CEO and MPIC Chief Finance, Risk, and Sustainability Officer Chaye Cabal- Revilla, Ayala Corporation Chairman Jaime Augusto Zobel de Ayala, Metro Pacific Investments Corporation Chairman, President and CEO Manuel V. Pangilinan, Ayala Corporation President and CEO Cezar P.

The acquisition is highly complementary to mWell’s existing business offerings. As the only health and wellness app with an established digital health ecosystem, it brings together consultations and wellness resources both for physical and mind health for its 3.1 million users. Its global reach includes more than 90,000 users from across Asia, South America, Africa, North America, Oceania and Europe.

“Progress for any country depends on a healthy citizenry,” said mWell Chairman Manuel V. Pangilinan. “This agreement represents a giant step forward towards real, immediate, and reliable care for our countrymen.”

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