Baidu Invests $10.6M In Series A Round For SmartStudy.Com

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Beijing-based online education platform SmartStudy.com has received US$10.6 million series A financing from Chinese Internet giant Baidu Inc., according to Chinese media reports.

The proceeds will be used for team building, marketing and developing new online curricula.

Launched in February, SmartStudy focuses on helping Chinese students prepare for English language tests, such as TOEFL, GRE and IELTS.

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