As China cracks down, SoftBank's Vision Fund has lost $4B on its Didi investment, as its 20.1% stake bought for $11.8B in 2019 is now worth $7.8B
Financial Times : Tweets: @therealjoshye , @therealjoshye , @therealjoshye , @therealjoshye , and @alex Tweets: @therealjoshye : Safe to say: Softbank is not happy. “The Vision Fund's 20.1 per cent s...
Zuoyebang, which offers live-streamed classes and other remote study services and has 170M MAUs, raises $1.6B from Alibaba, Tiger Global, and others
Zuoyebang, which offers live-streamed classes and other remote study services and has 170 MAUs, raises $1.6B from Alibaba, Tiger Global, and others
- Zuoyebang's fundraising follows a $750 million round in June — Online learning has turned red-hot this year since pandemic
Chinese online learning app Zuoyebang raises $750M Series E led by Tiger Global and PE firm FountainVest Partners, bringing its total raised to $1.33B
TechCrunch :
Sources: SoftBank's Vision Fund to invest ~$500M in Baidu's Zuoyebang, an online education startup in China that has already raised more than $500M in funding
Selina Wang / Bloomberg :
Baidu-owned online education startup Zuoyebang, which lets students upload homework and find solutions, raises $350M Series D led by Coatue Management
Celia Wan / Crunchbase News :
Baidu's Student Q&A App Zuoyebang Lands Investment From Sequoia and Legend Capital
Baidu, China's largest search engine and an investor in Uber, is giving its Zuoyebang ‘after school’ service, which helps school students with their studies, wings of its own after it revealed …