Edtech

The edtech company plans to use the funding to scale existing offerings under its exam prep vertical and build platforms for new verticals like job search, content creation, and upskilling.

After a series of fines, warnings, and regulations to curb what the government views as a predatory industry, authorities issue the final blow.

Having raised over USD 850 million this year so far, on top of the USD 1 billion-plus funding it received from investors in 2020, the company is likely to continue its acquisition spree.

A slowdown in short-video growth triggers ByteDance’s search for other monetization methods in e-commerce, on-demand services, and healthcare.

Simplilearn’s early investors Kalaari Capital, Helion Venture Partners, and Mayfield will exit from their investments.

A close look at the edtech tools used by parents in China demonstrates the deep-seated desire for children to stay ahead of the curve.

Kaikeba has trained more than 5 million students in China, and is expanding its offerings for enterprise clients.

Almost 30% of Myanmar’s teachers have been suspended by the military regime for participating in the civil disobedience movement.