Chinese online tutor Yuanfudao raises $2.2 billion, valuing it at $15.5 billion

Chinese online tutor Yuanfudao raises $2.2 billion, valuing it at $15.5 billion

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-china-yuanfudao/chinese-online-tutor-yuanfudao-raises-2-2-billion-valuing-it-at-15-5-billion-idUSKBN27704S

Beijing-based education tech startup Yuanfudao said on Thursday that it has secured $2.2 billion in two recent rounds of financing, bringing the company’s valuation to $15.5 billion.