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Tiger Global Leads $750 Million Investment Into Chinese Online Tutor Zuoyebang

By Shai Oster
· · Source: The Information

Investment firms Tiger Global and FountainVest Partners led a $750 million investment into Chinese online tutor Zuoyebang. Investment into online education got a boost from the Covid-19 lockdowns in China, with some 131 investments in the education sector so far this year, according to the South China Morning Post. New and existing shareholders Qatar Investment Authority, Sequoia Capital China,...

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