Tencent Holdings Ltd. has agreed to invest RMB320 million (US$50 million) in the online education platform of New Oriental Education and Technology Group Inc. before the unit’s planned initial public offering, says a company announcement.
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Want to read this important story?
Access Over 11,000 stories and data posts over the past 8 years!Register Now
Already have an account or paid subscription?