Online tutor Yuanfudao raises $120 million from Warburg Pincus, Tencent: Reuters
Chinese online tutoring company Yuanfudao said on Wednesday it raised $120 million from private equity firm Warburg Pincus and Tencent Holdings (0700.HK), putting it among a raft of unicorns valued at more than $1 billion in the world's second largest economy.
31 May 2017•1 min read
