In 2019, Chinese tech companies increasingly shifted their focus overseas, in an effort to gain influence and market share abroad.
On November 29, Chinese online education company VIPKid denied the rumors on WeChat saying the company is going bankrupt.
While China has made great strides in promoting quality in STEM education, why is this not translating into greater equality in the upper echelons of the tech sector.
Chinese technology giant Tencent Holdings Ltd. is confirmed to invest $150 million in VIPKid, an online English teaching and education company, according to Chinese media 36Kr.
In episode 47 ofTechBuzz China, co-hosts Ying-Ying Lu and Rui Ma dive into a topic they have been wanting to cover for a while now: Chinese educational technology (edtech).
Following the release of a Reuters article on Sequoia Capital China's 20 percent cut of investment staff, Sequoia China has dismissed the report firmly, claiming that the published article is “nonsense” and a malicious attempt for defamation.
On the first weekend after the Chinese New Year, over 20 Chinese teenagers traveled to the U.S. to share New Year's traditions with their VIPKID English teachers at Disneyland in California.
“Congrats to VIPKID for being the only Chinese company to be listed in the ‘2019 Best Places to Work‘ rankings published by Glassdoor,” said venture capitalist and technology executive Kai-Fu Lee who has been backing VIPKID since its foundation in 2013 through a post on WeChat.
Here are the hot trending topics in China last week.
Beijing-based global leading education startup, VIPKID, announced a strategic cooperation agreement with global educational and trade publisher, Houghton Mifflin Harcourt (HMH) on August 28, making the former the first online education platform to get full access to HMH’s K12 curricula.
VIPKid, the online children education brand has confirmed completion of its Series D+ round of financing with relevant details disclosed.
The founder of VIPKID, Mi Wenjuan has a mixed disposition that fuses the elite with the underworld.
PitchBook, a global data research institution based in the Silicon Valley, names its Unicorn Class of 2017. In 2017, 57 start-ups were valued at more than $1 billion, and their total value was as high as $116 billion. Eighteen Chinese enterprises were on the list, and 10 were among the top 20.