This week two prominent Chinese online education players received considerable capital injections, while crowdfunding platform Waterdrop and China’s “Uber for trucks” Manbang also received significant investment.
Leading K12 online education platform Zuoyebang was awarded by the World Economic Forum an Honorable Mention for Excellence in Digital Disruption for its first annual New Champion Awards 2020 at the World Economic Forum’s inaugural Pioneers of Change Summit.
Chinese private education giant New Oriental Education & Technology Group (NYSE: EDU) officially started trading on the Hong Kong Stock Exchange on Nov. 10.
Internet tech giant ByteDance on Oct. 29 unveiled its a smart lamp priced at 799 yuan ($119) for the education sector as well as announced the new education brand Dali as part of its plan to diversify its businesses.
Chinese esports ‘total solutions provider’ VSPN (Versus Programming Network) has raised close to $100 million in its latest Series B round of financing.
Tsinghua University has become the first Asian university to break into the top 20 list since the current methodology was launched in 2011, the latest Times Higher Education list showed.
Alibaba invests in O2O beauty services provider Helijia.
Bytedance has completed its acquisition of mathematical thinking platform NPY, which offers live-streaming and recorded video classes to kids aged 3 to 12 years old.
China is planning to establish a new science and technology university amid the ongoing China-US conflict.
Today in China, VR is concentrated almost exclusively on education. Both on a national and local level, Chinese educators are investing heavily.
Chinese video platform Bilibili is to launch a multi-functional remote-sensing educational satellite, aiming to arouse interest among the youth in China.
Whilst efforts are being made to reduce educational inequality via EdTech, just how effective these policies and initiatives will be remains to be seen.
In episode 66 of Tech Buzz China, co-hosts Rui Ma and Ying-Ying Lu talk about Bytedance’s forays into gaming and education — moves that have been well covered and are eagerly anticipated by Chinese media.
Xiaohongshu's possible Series E, US-based food delivery company seeing a surge in contactless takeaway orders, a Chinese ed-tech startup providing online research counseling, a medical diagnostic company and a major local hotel chain.
Episode 61 of Tech Buzz China is on K-12 edtech entrepreneurs, who are seeing their businesses grow instead of shrink in the wake of the coronavirus.