A startup based in Shanghai, with United States headquarters in Woburn, Mass., 8D World, has attracted a series B investment of $5.25 million for their educational take on massively multiplayer online games, the company announced today. Their flagship product, Wiz World Online, uses sophisticated speech assessment features to teach mostly kids and teens English as a foreign language.
The founder… → Read More
In China, learning spoken English is giving rise to a huge and growing market. For instance, in addition to English classes in public schools, parents send their children to about 50,000 for-profit training schools around the country, where English is the most popular subject. Instead of American Idol, on CCTV, the national government-owned TV network, they have the Star of Outlook English… → Read More