One of China’s biggest startups is a $3 billion education company — here’s why education is such a big business in China
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One of the hottest sectors in the Chinese technology industry is education tech. Online English-tutoring is expected to grow to an $8 billion business by next year.
Education technology is such a big business in China because families are willing to invest more than a third of their income into their children's education, according to Dr. Zhang Weining, an associate professor at Cheung Kong Graduate School of Business.
Chinese society places an extremely high value on...
The Washington Post looked at more than 500 individual tax parcels owned by the Trump Organization.
VC investment jumped 50% in the first half of this year — and even the industry’s trade group is warning it’s ‘awash’ with money
The amount of money flowing into venture-backed companies jumped to $57.5 billion in the first half of this year — up 50% from the same period a year earlier, according to a new report from PitchBook and the National Venture Capital Association.
The lion's share of the dollars flowed into software companies and those based on the West Coast.
Much of the boom is coming from nontraditional venture investors, such as private equity firms.
For entrepreneurs looking to raise money for their tech...