NewsNetEase e-learning unit Youdao sets for US IPO next weekFundraising will fall short of USD 300m initial target amid trade tensions. 2 mins read
The company keeps making strides into new areas, growing into a multi-faceted content provider. NewsByteDance to launch an AI tutor for kids in 20201 min read
From financial services for the unbanked to new IoT solutions for the poultry industry, these Indonesian startups provide new technologies to solve some of the nation’s problems. InsightsSolutions for social issues in an emerging economy: Early Stage3 mins read
It collected “multiples of RMB 100 million” from investors including New Oriental Education. NewsChinese online math-teaching platform VIPThink raises big round amid heating edtech sector1 min read
India has one of the largest school-going population in the whole world, speaking to the tremendous potential in edtech space. NewsIndian K12 online tutoring startup Vedantu raises Series C amidst resurgent edtech boom3 mins read
Basic computer programming skills are now considered a must-have for children. NewsSequoia-backed Xigua Chuangke, which sells online programming courses, raises USD 21 million2 mins read
The edtech startup, valued at USD 2.8 billion, has been struggling to attract fresh capital flow. NewsTencent drops USD 150 million investment plan on Chinese edtech unicorn VIPKid1 min read
Online education is a hot sector for investors in China. NewsHexiaoxiang, an online Chinese language learning platform for children, raises USD 28 million1 min read
The largest financing deal in China’s online education sector this year so far. NewsGGV and KKR lead online math-and-science-teaching platform Huowa’s USD 85 million Series D financing1 min read
NewsDeals in brief: Podium nets Series A1 funding, Gyges Labs backed to redefine wearables, xAI raises USD 5 billion, and more