Yuanfudao, an online tutoring platform based in Beijing, will complete a $1.2 billion round of financing with its post-investment valuation possibly exceeding $13 billion.
Palfish has raised $120 million in a series C round financing, led by dianping.com Founder Zhang Tao and FutureX Capital.
Chinese online learning platform Zuoyebang announced on Monday it raised $750 million, demonstrating continued investor interest in China’s online education technology ecosystem.
Huya, a leading video game live streaming platform in China, apologized for its mistake in including game marketing in one of its education service function.
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.
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.
Data from app analytic platform App Annie revealed that the number of mobile app downloads has surged during the first two weeks of February in the Chinese mainland market
If there were no coronavirus, Chinese students would have already been back to school for their spring semester, but the spread of the disease has changed everything.
Chinese online education giant VIPKID has secured commitment from Tencent to lead the company’s latest round of financing.
Chinese technology giant Tencent Holdings Ltd. is confirmed to invest $150 million in VIPKid, an online English teaching and education company, according to Chinese media 36Kr.
The rapid technology development has greatly impacted people's lives. Not only has it changed how people shop, pay, or date, it has also changed how people learn. Online education has come to the forefront in recent years.
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.
Koolearn Technology Holding Limited, an online education company under New Oriental Education & Technology Group Inc., filed for an initial public offering to the Hong Kong Stock Exchange on July 17.
Toutiao entered the industry of online English courses for children by launching of a new educational product branded “gogokid”.