zuoyebang Archives

Online Education Company Zuoyebang to Enter Printer Market amid Industry Crackdown

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.

Beijing to Stop Online Tutoring of Senior High School Students During Winter Vacation

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.

Kuaishou Appoints Jin Bing as CFO, to Report to CEO Cheng Yixiao

Kuaishou, a leading content community in China, appointed Jin Bing as the Chief Financial Officer of the company on Monday.

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.

From Gold Rush to Minefield: Can the Chinese Online Education Industry Survive Its Darkest Hour?

For Chinese K12 online education companies, this June has been unnervingly quiet due to tightening regulation targeting the online education industry.

China’s Education Ministry Sets up New Department to Supervise After-School Tutoring, Intensifying Efforts to Curb Booming Private Education Sector

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.

Alibaba-backed online education giant Zuoyebang downsizes amid tightening policy control

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.

Market Regulators Fine Online Tutoring Giants Zuoyebang and Yuanfudao for Misleading Consumers

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.

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.

Chinese Edtech Startup Zuoyebang Obtains $1.6B in funding, Reigning Over Online Tutoring Market

Chinese online education startup Zuoyebang raised $1.6 billion in a recent round of financing.

China VC Weekly: Edtech, Autonomous Driving and Healthcare

Last week was big for edtech fundraising news. Two of China’s largest edtech unicorns, Zuoyebang and Yuanfudao, both raised huge sums, pushing their valuations through the roof.

K12 Education Gaint Zuoyebang Awarded Honorable Mention by World Economic Forum

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.

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.

Tutor App Zuoyebang Raises $750M from Tiger Global, FountainVest

Chinese online learning platform Zuoyebang raised $750 million, showing continued investor interest in China’s education technology market.

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