Baidu turns to Wanxue for education content
When Chinese search engine Baidu originally reached out to Wanxue Education Technology, it didn't envisage becoming a financial investor in the company. Rather, Baidu was looking for quality content to improve its existing education platform Jiaoyu Baidu and wanted to explore a potential partnership.
However, Beijing-based Wanxue, which has a network of more than 100 schools in 25 Chinese cities, was keen to develop its online teaching business and Baidu was an obvious conduit. With interests aligned,...
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