Consumer Discretionary Nov 25, 2020 10:10 AM (GMT+8) · EqualOcean
Recently, Shenzhen akaso Information Co., Ltd. (acaso) announced that it had completed the C4 round financing of 100 million yuan, which was led by securities companies and followed by several institutions. It is reported that this round of funds will be used to continue to expand the recruitment scale of foreign teachers, increase investment in teaching and research content, and constantly innovate and optimize educational products. Since its establishment in 2011, akaso has completed 8 rounds of financing. Akaso is one of the earliest institutions to open the "online foreign teachers" mode in the field of online children's English education, focusing on the online foreign teachers' 1-to-1 children's English training business.