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After-school tutoring firms face strategic remodeling amid regulation

After-school tutoring firms need to adjust strategy in face of 'burden reduction' policy. /CFPNews and rumors about the education arm of TikTok owner ByteDance going th

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Vienna’s GoStudent raises $244M at a $1.7B valuation for its online tutor marketplace

Online teaching came into the spotlight for many students and parents in the last year, and today one of the companies that saw a big lift during that rush of activity is announcing a big round of fun

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China's edtech companies under increased scrutiny

/VCGAmid the boom in China's edtech industry, the bankruptcy scandals of a few prominent education companies have hit a nerve. Late last year, Yousheng Education, an ed

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Chinese regulator fines 12 companies for violating anti-monopoly law

China's top market watchdog on Friday imposed administrative penalties on 12 companies including internet giants Tencent and Baidu for violating anti-monopoly law in 10 deals.The deals include Tencen

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The crash of an education startup left Chinese parents disillusioned

When Duan Jun, a father from the city of Dongguan in southern China's Guangdong Province, paid full-year tuition for his child in advance, he never thought that the onl

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This Week in Apps: Apple bans party app, China loses 39K iOS games, TikTok births a ‘Ratatousical’

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.The app industry is as hot as ever, with a rec

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Equity Monday: No, tech news doesn’t stop over the holidays

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.This is Equity Monday, our weekly kickoff that tracks the latest private

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Chinese online education app Zuoyebang raises $1.6 billion from investors including Alibaba

The rivalry between China’s top online learning apps has become even more intense this year because of the COVID-19 pandemic. The latest company to score a significant funding round is Zuoyebang

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Tech optimism…in this economy?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines.A few notes before we get into this. One, we have a b

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Daily Crunch: Facebook Dating comes to Europe

Facebook’s dating feature expands after a regulatory delay, we review the new Amazon Echo and President Donald Trump has an on-the-nose Twitter password. This is your

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Chinese live tutoring app Yuanfudao is now worth $15.5 billion

Yuanfudao, a homework tutoring-app founded in 2012, has raised $2.2 billion from investors, surpassing Byju’s as the most valuable edtech company in the world. The Beijing-based company is now w

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ByteDance to invest in education technology business

A senior executive at TikTok owner ByteDance said the company plans to invest "a huge amount" of capital into its newly-established education technology business but warned that the unit will be u

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Chinese online learning app Zuoyebang raises $750M

Zuoyebang, a Beijing-headquartered startup that runs an online learning app, said on Monday it has raised $750 million in a new financing round as investors demonstrate their continued trust in ̵

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Economic Watch: Job-first policies to ensure economic recovery after epidemic

In the two recent State Council executive meetings, keeping employment stable has been noted as a priority amid China's efforts to promote balanced advancement in the

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Xinhua Headlines: China moves to stabilize employment amid epidemic

China is taking a string of measures to ensure job creation, facilitate employment of migrant workers and college graduates, and solve difficulties for businesses to st