
China VC Weekly: Online Learning, New Retail and AI
Chinese online learning platform Zuoyebang announced on Monday it raised $750 million, demonstrating continued investor interest in China’s online education technology ecosystem.
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Chinese online learning platform Zuoyebang announced on Monday it raised $750 million, demonstrating continued investor interest in China’s online education technology ecosystem.
On Wednesday, Yuanfudao, an online education company, launched Pumpkin Science, a new style of education for science enlightenment, marking a transition in what and how education is taught.
VIPKid, an online English education platform for children, plans to launch bilingual courses on 'intangible cultural heritage' in the near future. The course will cover eight topics.
TAL Group's face-to-face teaching in the Shanghai Branch has been changed into online courses, but not all schools are following the changes. TAL has adjusted the arrangement of some schools in China.
Youdao, founded in 2006 as part of NetEase, Inc., on Thursday held a press conference themed "Creating the Future of Quality Education" to unveil six new quality education products.
The Beijing Municipal Bureau of Market Supervision and Administration on Monday imposed the maximum possible penalty on online education platforms Zuoyebang and Yuanfudao for unfair competition and misleading consumers.
Agora, a Nasdaq-listed real-time voice and video engagement service provider, is carrying out a business adjustment with the "optimized" proportion of personnel positions to be about 30%.
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.
New Oriental Education schools in Hangzhou and Shanghai also announced they would provide one-month free courses for WSE students in those locations.
ByteDance recently launched an App called "Xiaoquxing", which will mimic some of the features of its popular APP for adults, including hosting short video content, but the APP will be specially designed for children.
Chinese online education startup Zuoyebang raised $1.6 billion in a recent round of financing.