Online learning has become the new normal in many places around the world as a result of the Covid-19 pandemic. Photo: Shutterstock
Chinese online tutor Zuoyebang raises more than US$1.6 billion from Alibaba, SoftBank and others
- Online tutoring service Zuoyebang raised US$1.6 billion in a new funding round that included investment from Alibaba and SoftBank, among others
- Zuoyebang says it is China’s biggest online education company, with more than 170 million monthly active users
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Alibaba
Online learning has become the new normal in many places around the world as a result of the Covid-19 pandemic. Photo: Shutterstock