5 years ago

Zuoyebang Secures $750 Million to Transform Online Learning in China

  • Zuoyebang, a Chinese online learning platform, has raised $750 million in a Series E funding round led by Tiger Global and FountainVest Partners

  • The round saw participation from existing investors, including SoftBank's Vision Fund, Sequoia Capital China, Xiang He Capital, and Qatar Investment Authority

  • The investment brings Zuoyebang's total funding to $1.33 billion

  • The company plans to use the funds to further develop its AI-powered learning platform and expand its reach in the Chinese education market.

    • ProblemEducation

      "Students in China need better access to quality education and learning resources."

      Solution

      "Zuoyebang is an online learning app that offers online courses, live lessons, and AI-powered problem-solving to K-12 students in China."

      Covered on