Chinese online education app Zuoyebang raises $1.6 billion from investors including Alibaba
TechCrunch
DECEMBER 28, 2020
Zuoyebang offers online courses, live lessons and homework help for kindergarten to 12th grade students, and claims about 170 million monthly active users, about 50 million of whom use the service each day. In comparison, there were about 200 million K-12 students in 2019 in China, according to the Ministry of Education (link in Chinese).
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