In its harshest crackdown on the online education sector, China’s government has issued new rules that ban tutoring companies that teach the school curriculum from raising funds or going public, state-owned Xinhua news agency reported. The rules, released Saturday, also prohibit listed companies and foreign investors from investing in such tutoring businesses. Moreover, the rules also stated...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Could Didi List in Hong Kong to Stop Bleeding for Shareholders?
Could the path to relief for Didi Global’s beleaguered shareholders run through Hong Kong? It’s a pressing question as Full Truck Alliance, a U.S.-listed Chinese commercial freight company, which like Didi is under cybersecurity investigation by Chinese authorities, explores with bankers the possibility of listing its shares in Hong Kong, according to two people familiar with the...
Chinese Smartphone Giant Oppo Cuts Jobs After Merger With OnePlus
China Slows Videogame Approvals After Imposing New Limits on Minors
Didi Sees Steep Decline in Users
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
The Fintech Startups Plaid, JPMorgan and Stripe Could Buy Next
Exclusive Venture Capital Startups
Tiger Global to Invest in Joe Lonsdale’s Newest Fintech Venture