China’s 17Zuoye Education Platform Gets $250M From Temesk, Following $200M Investment From Toutiao

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China’s online education platform 17Zuoye, owned by Sunny Education Inc., continues to be a magnet for investors. The latest investment is a US$250 million Series E round in led by Singaporean investment fund Temasek. The deal follows a $200 million investment by AI-driven news aggregation company Toutiao on March 7.

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