Education

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

Currently, the company is present in seven Indian cities and is looking to enter Southeast Asia and the US 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.

Operating expenses rose as Youdao was caught in intense competition in China’s online education sector.

The co-founders of Maro Parents believe that preventive education can mitigate many public health crises.

KrASIA’s fortnightly Morning Briefing provided a comprehensive look at China’s online education sector, covering business models, key observations and a case study.

Graduates have been offered salaries at least 40% higher than the market rate, the school says.

The company has raised USD 25.3 million so far.