Funding pours into online services and sites as sector expands
By Shi Jing | China Daily | Updated: 2015-12-02 07:51
Investors are pouring into China's online educational market as the industry expands.
A total of 149 online projects have received funding, worth $910 million, since 2013, according to Pan Pengkai, CEO at the English Language Teaching product provider ALO7 in Shanghai.
In March, Linked-F Financial Training announced an angel round of investment of 10 million yuan ($1.57 million) to extend its business operation.
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