education startup Archives

Wall Street English Faces Possible Lawsuit as Competing Firms Woo Former Students

Customers and employees of global adult language training company Wall Street English (WSE) are now seeking legal recourse against the firm in an attempt to reclaim tuition fees and unpaid salaries as it faces bankruptcy.

Jianzhi Education Files IPO in the United States after Being Rejected at Home

On July 13th, EST, Jianzhi Education submitted its prospectus to the Securities and Exchange Commission (SEC), eyeing to raise $50 million. The pricing terms were not disclosed.

Tutor App Zuoyebang Raises $750M from Tiger Global, FountainVest

Chinese online learning platform Zuoyebang raised $750 million, showing continued investor interest in China’s education technology market.

GSX Fights Back As Citron Releases Part 3 of its Short Report

GSX.com issued a statement, claiming Citron's short report Part 3 is "full of false allegations."

China VC Weekly: Airwallex Scores Big Despite COVID-19

Global financial markets are struggling, having been crippled by the COVID-19 epidemic and the amount of VC deals has noticeably decreased.

China VC Weekly: AI, Automation and Largest Investment Round in China’s Edtech History

The past week saw exciting news surface regarding several players in China’s AI and automation space, with one of the most prominent AI unicorns 4Padadigm raising two hefty rounds and adding another $1 billion to its valuation.

Chinese EdTech Startup Yuanfudao To Close New Fundraising At $7.8 Billion Valuation

Chinese online education platform Yuanfudao has closed a new $1 billion round of financing led by Hillhouse Capital and followed by Tencent, Boyu Capital and IDG Capital.

China VC Weekly: Investors Go to Work Despite Coronavirus

China’s VC market is coming into its own as the coronavirus outbreak seems to be easing its grip on the country.

VIPKid Offers a $14K Reward for Finding the Person Spreading Rumors

On November 29, Chinese online education company VIPKid denied the rumors on WeChat saying the company is going bankrupt.

A Celebration Beyond the Border: VIPKID Brings Chinese New Year To Disneyland

On the first weekend after the Chinese New Year, over 20 Chinese teenagers traveled to the U.S. to share New Year's traditions with their VIPKID English teachers at Disneyland in California.

VIPKID Signs Strategic Cooperation Agreement with HMH to Bring Premium English Content

Beijing-based global leading education startup, VIPKID, announced a strategic cooperation agreement with global educational and trade publisher, Houghton Mifflin Harcourt (HMH) on August 28, making the former the first online education platform to get full access to HMH’s K12 curricula.

Beijing’s Online Children Education Platform, VIPKid Completes $500 Million of Financing

VIPKid, the online children education brand has confirmed completion of its Series D+ round of financing with relevant details disclosed.

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