China’s online education market is forecast to reach 269 billion yuan (US$39.39 billion) in 2019, from 156 billion yuan in 2016, according to iResearch. Photo: Alamy
Tencent invests further in Chinese online tutor Yuanfudao
Online tutor Yuanfudao’s latest round of financing from Tencent and other investors, has boosted its valuation to US$1 billion
Topic |
Start-ups
China’s online education market is forecast to reach 269 billion yuan (US$39.39 billion) in 2019, from 156 billion yuan in 2016, according to iResearch. Photo: Alamy