Chinese cultural education business secures $21m Series B
Qinhan Hutong, a Chinese education provider that offers an art and culture curriculum, has raised RMB150 million ($21 million) in Series B funding from Mingde Chuancheng, a Shanghai-based education and consulting company.
Qinhan Hutong received a RMB100 million Series A round from Yicun Capital in January 2019. The new capital will be used to expand its offline footprint and develop classes for adults, according to a statement....
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