The online education market in China reached sales of nearly 119.2 billion yuan (HK$141 billion) in 2015, according to iResearch data. Photo: AFP
Opinion
Opinion
Across The Border
More online education start-ups in China expected to close down in 2016 as profits prove elusive
After a flood of venture capital into the sector over the past two years, many online education start-ups are shutting down due to unprofitable business models
The online education market in China reached sales of nearly 119.2 billion yuan (HK$141 billion) in 2015, according to iResearch data. Photo: AFP