Chinese online education start-up Yuanfudao raises $300m
Tencent Holdings has led a $300 million round of funding for Chinese online education start-up Yuanfudao, propelling the company to a valuation in excess of $3 billion.
Warburg Pincus, Matrix Partners China, and IDG Capital also participated, according to a statement. All three are existing investors. Warburg Pincus and Tencent both featured in a $120 million round for...
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