China edtech crackdown
WebFeb 11, 2024 · China’s government banned online tutoring firms from offering high-school curriculum classes during a current holiday, expanding a crackdown that has decimated a large portion of the country’s ... WebJan 11, 2024 · Global EdTech is in a freefall. ... Bloomberg reported on January 10 that it was “the biggest layoff since China embarked on a wide-ranging crackdown on private enterprises more than a year ago ...
China edtech crackdown
Did you know?
WebJul 29, 2024 · China’s largest private education firms are moving swiftly to overhaul their businesses to adjust to a harsh new reality after Beijing launched a sweeping … WebAug 9, 2024 · Thrive Capital believed to be leading new multi-billion dollar investment in Stripe Mary Ann Azevedo 9:26 AM PST • January 31, 2024 Thrive Capital has reportedly committed $1 billion in fresh...
WebJul 24, 2024 · China is considering asking edtech startups to go non-profit, potentially wiping out a big chunk of the billions that private equity and venture capital funds have … WebAug 6, 2024 · Overseas-based language-learning apps including Duolingo, Memrise and Beelinguapp have disappeared from some Android app stores in China amid the country’s ongoing edtech crackdown.
WebAug 5, 2024 · Domestic fintech firms were among the first targeted by Beijing. Next came ride-hailing and food delivery. Now ed-tech giants have rounded out the lineup. To understand the latest development, it... WebAug 4, 2024 · Policies issued in July by China’s government restricting the country’s massive tutoring industry may aim to give birth to a new era of education in China, one …
WebJul 26, 2024 · China’s sweeping overhaul of its $100bn private education industry will eliminate foreign investors from much of the sector and threatens to wipe out billions of …
WebAug 11, 2024 · Signs of the sweeping crackdown were visible in early May, when China’s market regulator fined Zuoyebang and Yuanfudao RMB 500,000 (USD 78,000), the maximum amount possible for misleading advertising and unclear pricing. The uncertainty around edtech’s future in China sent the sector into a depression in June, as KrASIA … north pickenham churchWebSep 29, 2024 · China this year has been executing a vast, society-wide crackdown. We have been seeing it in popular culture, with the recent suspension of K-Pop accounts on Weibo, a Chinese social media... how to screen print on hatsWebJul 9, 2024 · China already has more edtech unicorns (private companies valued at over $1 billion) than the U.S. One China unicorn, Zuoyebang, raised $ 1.6 billion in a single round and claims 50 million... how to screen print on kindle fireWebDec 28, 2024 · Mi’s VIPKid fell victim to Xi’s sweeping crackdown on the edtech sector last year. The company, once valued at $4.5bn, had to shutter its core business and is now struggling to pivot. north phoenix zip code mapWebJul 23, 2024 · BEIJING — Two U.S.-listed Chinese education stocks plunged Friday after reports of a government crackdown on the sector that included bans on foreign investment. TAL Education shares tumbled... north phoenix spay and neuterWebNov 16, 2024 · This year’s crackdown on China’s US$70 billion edtech sector followed a jubilant 2024, when firms that developed online courses, homework assistant apps and offline training centres were... north phoenix senior living communityWebJul 27, 2024 · July 27, 2024, 4:32 AM PDT China stocks plunged for a third day in Asia on Tuesday as investors grappled with the long-run implications of Beijing’s weekend crackdown on its once-booming... how to screen print only a portion of screen