Chinese Edtech Startup Zuoyebang Obtains $1.6B in funding, Reigning Over Online Tutoring Market
Chinese online education startup Zuoyebang raised $1.6 billion in a recent round of financing from investors including Alibaba Group, Tiger Global, Softbank’s Vision Fund, Sequoia Capital China, FountainVest Partners and Ontario Teachers’ Pension Plan Board (Ontario Teachers’).
With both kids and their parents stuck at home due to the …