Chinese English Learning Platform Palfish Completes a $120M Round of Funding
Palfish has raised $120 million in a series C round financing, led by dianping.com Founder Zhang Tao and FutureX Capital.
8/18/20202 min read
Tag: #Online Education
Showing 12 of 48 posts with this tag
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 Miffli...
8/28/20182 min read
New Oriental Education's Stock Price Plummets Amid Stricter Government Regulation
The share price of New Oriental Education on the Hong Kong Stock Exchange on Friday afternoon has suddenly slumped. As of 4:10 pm, its was selling at HK $30.60 per share – down 39.63% – hitting a new low since its Hong Kong debut. Its latest market valuation sits at HK $55.541 billion
7/23/20212 min read
Alibaba Says It Assumes Greater Responsibility With Advanced Technology
Daniel Zhang, Chairman and CEO of Alibaba, affirmed at this year's Apsara Conference that technology serves as the cornerstone for the internet giant to maintain its long-term development. Alibaba says that its pursuit of technological advancement remains unchanged.
11/9/20224 min read
China’s Ed Tech Unicorn Zuoyebang Named in MIT Technology Review’s 2021 Top 10 Breakthrough List
China’s leading online after-school education company Zuoyebang was listed among the MIT Technology Review’s 10 Breakthrough Technologies (TR10) in the “Remote Everything” segment on Feb. 26.
3/4/20212 min read
Tencent-backed VIPKid Denies Cutting 50% of Staff Across Various Teams
Chinese online education startup VIPKid admitted that it has recently enacted a series of personnel adjustments but denied cutting 50% of its staff members across various departments
Koolearn Reaches Cooperation with Tmall Genie on Intelligent Education Hardware
Koolearn and Tmall Genie announced a new cooperation between the two companies on Wednesday. The two sides will carry out comprehensive cooperation in technology, content and services of smart education hardware.
12/1/20212 min read
ByteDance Founder Zhang Yiming Donates 500 Million Yuan to His Hometown Longyan
Zhang Yiming, the 38-year-old founder of ByteDance, donated 500 million yuan to his hometown of Longyan, in Fujian Province. This is his latest donation amid g...
6/23/20213 min read
Zuoyebang Launches Five Quality Education Products to Enhance Comany's Transformation
Alibaba-backed Zuoyebang bags five quality education products now including three launched on Monday, one launched last year and one which will be launched soon.
8/17/20212 min read
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.
4/4/20205 min read
VIPKid to Cease Offering Foreign-Based Tutoring Courses to Students in China
After Chinese regulators issued a set of rules known as "double reduction" to mitigate student pressure, domestic private education services firm VIPKid announced on August 7 that it will no longer sell new course packages involving overseas foreign teachers.
8/9/20212 min read
Listed Chinese Education Firms Transfer Subject Training Businesses
Publicly listed Chinese education companies are wrapping up the last off-campus training services for compulsory subjects, so as to restructure and transform their business models.
4/2/20223 min read