Warburg Pincus Invests In Chinese K-12 English Education Platform Series D Round

China’s Online English tutoring platform DaDa, formerly DaDaABC, has completed a US$255 million series D round of financing, led by Warburg Pincus. Existing investors TAL Education Company, an education and technology firm listed on the New York Stock Exchange, and Yonghua Capital, also participated in the round.

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