Teladoc is the sixth-largest holding in the ARKK ETF - a top performing actively managed fund focused on disruptive innovations.
Teladoc reported third-quarter revenue up 109% year-over-year to $288.8 million. Total visits increased 206% year-over-year to 2.8 million.
The company expects to end the year with 50 million to 51 million U.S. paid members and 21 million to 22 million visit fee only members.
The Teladoc - Livongo merger has created the singular global, consumer-centered virtual care platform. Together, they have formed the dominant category leader with a massive $121 billion Total Addressable Market.