Chinese live tutoring app Yuanfudao is now worth $15.5 billion

Yuanfudao, a homework tutoring app founded in 2012, has raised $2.2 billion from investors, surpassing Byju’s as the most valuable edtech company in the world. The Beijing-based company is now worth $15.5 billion dollars, almost double its valuation set in March. The company views the new capital as two separate extension rounds of its March … Continue reading Chinese live tutoring app Yuanfudao is now worth $15.5 billion