Chinese K12 Online Education Provider Zuoyebang Closed a USD 750 Mn Series E Funding
Chinese online education platform Zuoyebang has completed its USD 750 million Series E round of financing led by FountainVest Partners and Tiger Global with Qatar Investment, Sequoia Capital China, Softbank Vision Fund I, Tiantu Capital, Xianghe Capital and other new and existing shareholders following. TAH Capital continues to serve as the exclusive financial advisor.
Student number of the company's regular-priced live class has grown more than 1000% times in the past two years and more than 400% in the last year. More than 1.3 million students attended its regular-priced classes in the spring term this year. The company has cumulatively provided instruction to more than 49 million students, including more than 12 million paid for the lessons.
This text is a result of machine translation.
Related companies：
Briefing Mar 31, 2023 12:34 PM
· Consumer Discretionary
BGI Genomics: Net Profit Achieves CNY 803 Mn in 2022, Down 45.06% YoY
In-depth
Briefing Mar 01, 2022 09:32 AM
· Consumer Discretionary
The Secretary of global e-commerce SaaS platform store completed round C financing of US $100 million
Briefing Feb 24, 2022 09:29 AM
· Consumer Discretionary
[moodles molecular cuisine] won tens of millions of pre-A round of financing, and the interdisciplinary team redefined the future food with 3D printing
Dec 09, 2020 09:53 AM
Dec 09, 2020 09:34 AM
Research
Financials, Automotive, Consumer StaplesTech for Global, Globalization Footprints of the Established and the New
May 29, 2020 08:30 PM
Research
Technology, Consumer Discretionary, Real EstateLow-Carbon Industry Expansion - Key Studies From Chinese Companies
May 28, 2020 12:40 PM
Briefing Dec 15, 2021 02:44 PM
· Consumer Discretionary
Vocational education continued to be positive, and Taobao's double 12 vocational education courses increased by nearly 60%
Briefing Jun 07, 2021 11:56 AM
· Consumer Discretionary
Homework help responds to "layoffs": false rumors
Briefing Jun 07, 2021 11:20 AM
· Consumer Discretionary
There are almost no employees in some departments
Consumer Discretionary
Zuoyebang and Yuanfudao Receive Fines of CNY 2.5 Mn
On May 10, the Beijing Municipal Bureau of Market Supervision issued an announcement that, according to the law, two off-campus education and training institutions, namely, Zuoyebang and Yuanfudao would be given an administrative penalty – a warning and a limited fine for false publicity and false pricing.
May 10, 2021 02:00 PM
Briefing Oct 15, 2020 10:53 AM
· Consumer Discretionary
16 Firms from China Included in GSV's 'Global Edtech 50'
Briefing Aug 31, 2020 10:41 AM
· Consumer Discretionary
Zuoyebang Records 7.8 Million Paid Students
Briefing Jul 24, 2020 05:52 PM
· Consumer Discretionary
Online Education Firms Gain More than 100,000 Students in a Month
Briefing Jul 16, 2020 11:47 AM
· Consumer Discretionary
Zouyebangs's Entrance Examination Users Hit 8.05 Million
See more
Read next
Insight
In-depth
Insight
In-depth
Consumer Discretionary · Analysis
Black Friday Kicks Off: How to Navigate the Latin American Market?
Nov 20, 2024 10:36 AM
Insight
In-depth
Consumer Staples, Consumer Discretionary · Interview
Exploring Uncharted Territories in the Middle East: The Innovators Going Global
Nov 19, 2024 03:20 PM
Insight
In-depth