Tencent Leads $300M Investment In China’s Online Tutoring Unicorn Yuanfudao

Login to View

China’s online tutoring unicorn Yuanfudao secured a US$300 million new round of financing led by its existing investor Tencent, which brought the company’s valuation to US$3 billion, said Yuanfudao in a statement released on its WeChat official account on December 25th.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Read 2 Articles for Free with a Basic Account

Gain limited and restricted access to China Money Network.

Register Basic Account

Subscribe for an annual subscription!

Enjoy comprehensive and exclusive data you can't find elsewhere!

More Info

Subscribe and Pay Easily Online!

Already have an account or paid subscription? Log in