Showing 12 of 15 posts with this tag
Online education company Zuoyebang reportedly laid off employees and went so far as to cut entire departments due to China’s pressuring policy on the sector. The industry might face the biggest wave of layoffs during this business recession.
For Chinese K12 online education companies, this June has been unnervingly quiet due to tightening regulation targeting the online education industry.
Chinese online learning platform Zuoyebang announced on Monday it raised $750 million, demonstrating continued investor interest in China’s online education technology ecosystem.
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.
Beijing regulators have interviewed many leading online tutoring companies this week, asking them to stop selling courses targeted at senior high school students during winter vacation and to refund any fees paid.
The Chinese Education Ministry announced establishment of a new department to oversee after-school tutoring amid Beijing’s ongoing crackdown on China's burgeoning private tutoring industry.
Chinese online education startup Zuoyebang raised $1.6 billion in a recent round of financing.
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.
On Monday, employees of Chinese online education platform Zuoyebang revealed that the company is expanding into the printer market and has set up a business arm for developing a printer business.
Chinese online learning platform Zuoyebang raised $750 million, showing continued investor interest in China’s education technology market.
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.
Kuaishou, a leading content community in China, appointed Jin Bing as the Chief Financial Officer of the company on Monday.