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October 22, 2020 01:50 pm GMT

Chinese live tutoring app Yuanfudao is now worth $15.5 billion

Yuanfudao, a homework tutoring-app founded in 2012, has raised $2.2 billion from investors, surpassing Byju’s as the most valuable edtech company in the world. The Beijing-based company is now worth $15.5 billion dollars, almost double its valuation set in March. The company views the new capital as two separate extension rounds of its March raise, […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BhmoRjFlPGQ/

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