VC-backed 51Talk acquires education counterpart 91Waijiao
51Talk.com, a Chinese online English-learning platform backed by several VC investors, has acquired industry peer 91Waijiao.com for an undisclosed sum.
In October, 51Talk closed a $55 million Series C led by Sequoia Capital and received $12 million in Series B round led by Shunwei Capital Partners in December 2013. DCM and angel investor ZhenFund also...
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