Tencent-backed homework app jumps to $3B valuation after raising $300M

Academic exams are a big deal in China, as they determine the kind of universities, high schools and elementary schools that students get into and, to some degree, the future that awaits them. Parents are thus willing to invest generously to help their children get ahead in school. One startup capitalizing on this is Yuanfudao, … Continue reading Tencent-backed homework app jumps to $3B valuation after raising $300M