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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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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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COVID-19 and its impact on our lives

01:06 Learning apps boom during pandemicU.S. companies making digital tools and learning apps have seen a surge in usage during the COVID-19 pandemic and quarantines.While schools clos

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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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Daily Crunch: China presents ‘rectification’ plan for Ant Group

The Chinese government could reshape Ant Group’s business, Tesla plans to launch in India next year and the FAA announces a new ID requirement for drones. This is your Daily Crunch for December

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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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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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VCs pour funding into edtech startups as COVID-19 shakes up the market

A few weeks back, The Exchange looked into the pace of edtech exits, noting that over time, the sector has delivered rising exit volume. All startup verticals want to demonstrate a history of liquidit

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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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Mixed prospect as lessons go online amid the coronavirus outbreak

VCG Photo After February 8, the Lantern Festival, it is supposed to be the beginning of a new semester for schools across China, but this year students are still on an extended winter vacation