Startup VIPKID raises $500m
By Cheng Yu | China Daily | Updated: 2018-06-22 07:15
Fresh fundraising makes it largest online education company globally
Chinese online education company VIPKID confirmed to China Daily on Thursday that it has raised $500 million in its latest round of financing, which is the world's largest-ever fundraising in the online education sector.
The fresh fundraising also pushes the company's valuation over 20 billion yuan ($3 billion), making it the biggest online education company globally.
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