Online tutoring platform Yuanfudao racks up $300 mln: TechCrunch
China-based Yuanfudao, an online tutoring platform, has secured $300 million in funding, according to TechCrunch. Tencent led the round with participation from other investors that included Warburg Pincus, Matrix Partners China and IDG Capital. The tech news site reported that the latest capital infusion will put the company at a $3 billion valuation.
26 December 2018•1 min read
