Yuanfudao
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The world’s highest valued edtech, with 400m users, will be the first education startup to sponsor the Olympic and Paralympic Winter Games, come 2022.
The world’s highest valued edtech, with 400m users, will be the first education startup to sponsor the Olympic and Paralympic Winter Games, come 2022.
VP and co-founder of Yuanfudao
Li Xin had worked as the general manager of marketing at news portal NetEase before co-founding Fenbi, the predecessor of Yuanfudao, in April 2014. He is now the VP of Yuanfudao.
Li Xin had worked as the general manager of marketing at news portal NetEase before co-founding Fenbi, the predecessor of Yuanfudao, in April 2014. He is now the VP of Yuanfudao.
Technology director and co-founder of Yuanfudao
Guo Changzhen worked at news portal NetEase, responsible for developing NetEase Mailbox and Youdao Dictionary, before co-founding online tutoring platform Fenbi, the predecessor of Yuanfudao, in April 2014. Guo is now the technology director of Yuanfudao. He also founded the dating app Izhuanjiao.
Guo Changzhen worked at news portal NetEase, responsible for developing NetEase Mailbox and Youdao Dictionary, before co-founding online tutoring platform Fenbi, the predecessor of Yuanfudao, in April 2014. Guo is now the technology director of Yuanfudao. He also founded the dating app Izhuanjiao.
CEO and co-founder of Yuanfudao
Graduating with a bachelor’s degree in journalism at the Renmin University of China, Li Yong has worked for various publications like Workers Daily, Finance and Economics Magazine, Southern Weekly and Global Entrepreneur.In April 2012, he resigned as the president of portal business at news portal NetEase to establish an online tutoring platform Fenbi, the predecessor of Yuanfudao. He is currently the CEO at Yuanfudao.Before starting his own business, Li had invested in Tinder-style dating app Momo and business media Huxiu.
Graduating with a bachelor’s degree in journalism at the Renmin University of China, Li Yong has worked for various publications like Workers Daily, Finance and Economics Magazine, Southern Weekly and Global Entrepreneur.In April 2012, he resigned as the president of portal business at news portal NetEase to establish an online tutoring platform Fenbi, the predecessor of Yuanfudao. He is currently the CEO at Yuanfudao.Before starting his own business, Li had invested in Tinder-style dating app Momo and business media Huxiu.
Co-founder of Yuanfudao
Shuai Ke graduated from Jiangsu University in 2006 with a bachelor’s degree in Medical Insurance. Upon graduation, he joined Colgate to work in marketing and sales. Two years later, he joined news portal NetEase. In April 2014, he resigned from the post of editor-in-chief for the tech channel at NetEase and co-founded Fenbi, the predecessor of Yuanfudao.
Shuai Ke graduated from Jiangsu University in 2006 with a bachelor’s degree in Medical Insurance. Upon graduation, he joined Colgate to work in marketing and sales. Two years later, he joined news portal NetEase. In April 2014, he resigned from the post of editor-in-chief for the tech channel at NetEase and co-founded Fenbi, the predecessor of Yuanfudao.
Co-founder of Waterdrop (Shuidi)
Wang Lai was Meituan Dianping's 33rd employee, working as a product manager for its group buying, hotel and food delivery business. He co-founded Waterdrop in 2016 and left a year later. He then worked for Yuanfudao, an online education unicorn, before founding Xiaobohu, an online children calligraphy educational startup, in 2019.
Wang Lai was Meituan Dianping's 33rd employee, working as a product manager for its group buying, hotel and food delivery business. He co-founded Waterdrop in 2016 and left a year later. He then worked for Yuanfudao, an online education unicorn, before founding Xiaobohu, an online children calligraphy educational startup, in 2019.
China's Yuanfudao now the world's most valuable edtech with $2.2bn new funding
Yuanfudao’s second tranche of its Series G funding follows the $1bn it raised in March, bringing its valuation to $15.5bn
China edtech companies pivot to survive private tutoring crackdown
AI adaptive personalized learning is the bright star, attracting investors and corporates
Covid-19 has renewed investors' interest in China's online education sector
Will skyrocketing demand for online education during Covid-19 give China's edtechs that long-awaited push to profitability?
After a Covid-led boom in 2020, what next for China's K-12 edtech?
Unicorns Yuanfudao and Zuoyebang raised more than $6bn combined last year as demand for online learning continues to grow, but some smaller players are running out of cash
Spanish VR edtech Play2Speak targets China's K-12 market
Keen on the multibillion-dollar tutoring market in Asia, Play2Speak creates VR immersive learning to help kids overcome the fear of learning a new language
Intelligent Learning: math app helps students improve their exam score in weeks
Intelligent Learning prepares K7–11 math students for the national senior high school entrance exam, or "zhongkao," by trawling through past questions and predicting what might be tested
New sectors, strategies come into play as investors respond to China's Big Tech curbs
Amid the crackdown on China’s tech giants, some investors are sussing out less risky sectors, while heavyweights like BlackRock and Fidelity stay in for the long haul
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