Largest funds raised by Chinese online education companies H1 2020

Published by C. Textor, Oct 19, 2021
According to EqualOceans, the largest funds raised by online education companies in China in the first half of 2020 ranged between 25 million and one billion yuan. Several online education companies, such as Yuanfudao, Zuoyebang, Wanxue or Yunxuetang, used the boom in online education due to the COVID-19 pandemic to raise new funds.

Largest funds raised by online education companies in China in 1st half 2020 (in million yuan)

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Release date

July 2020

Region

China

Survey time period

H1 2020

Supplementary notes

One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of November 2020).

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Online education market in ChinaE-learning and digital educationEducation in ChinaWorkplace learning and developmentTertiary education in China
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