China's Zuoyebang gets $1.6b Series E extension
Zuoyebang, which claims to be China’s largest online education company, has secured $1.6 billion in an extended Series E funding round that features Alibaba Group as a new investor.
Several existing backers also took part, including FountainVest Partners, Tiger Global Management, SoftBank Vision Fund I, and Sequoia Capital China. It comes six months after a $750 million Series E led...
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