Education


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Chinese online learning app Zuoyebang raises $750M

Zuoyebang, a Beijing-headquartered startup that runs an online learning app, said on Monday it has raised $750 million in a new financing round as investors demonstrate their continued trust in — and focus on — Asia’s booming edtech market. U.S. investment firm Tiger Global and Hong Kong-based private equity firm FountainVest Partners led the six-year-old startup’s Series E financing round. Existing investors including SoftBank’s Vision Fund, Sequoia Capital China, Xiang He Capital, Qatar ...
Tags: Apps, Asia, Hong Kong, Education, China, Softbank, Funding, Tech, Beijing, Tencent, Qatar Investment Authority, Baidu, Tiger Global, Mary Meeker, Zuoyebang, Reuters



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