Huasheng leads round for China education site Zmlearn
Huasheng Capital, a private equity firm established by financial advisor China Renaissance, has led a Series C round of funding for Zmlearn.com, a Chinese K-12 online learning and teaching platform.
Financial terms were not disclosed but the round amounted to hundreds of millions in renminbi. The new capital will be used to add more education sector partners and expand market share. Zmlearn plans...
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