Edtech

With millions of paying customers, the company is one of the best-funded edtech firms in China.

Ruangguru expanded to Vietnam in 2019 and into Thailand last year, and has so far served more than 22 million students.

Only math classes running until June are still available on Dami’s platform.

The company is targeting a revenue of USD 1 billion in the financial year 2020-21.

Last year, during the lockdown in India, around 120 million workers were laid off or placed on furlough.

The company was the target of multiple short-seller attacks early last year.

The TikTok owner is determined to get a slice of China’s booming online education market.

As the COVID-19 pandemic forces businesses in Southeast Asia to adapt, the intersection of technology and two key industries in the region, healthcare and education, are burgeoning.