China edtech player Nowcoder raises $50m
Beijing-based Nowcoder Technology, a Chinese campus recruitment platform also known as Niuke, has raised USD 50m in Series B funding from Sequoia Capital China, Shunwei Capital, 5Y Capital, Tiger Global Management, and Pegasus Capital.
As of January, Nowcoder had more than 8m users, having added 2.5m in 2022 alone. Two in five new users are acquired through recommendations by existing customers. More than half have a master's degree...
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