Searching for "Zuoyebang"
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Chinese K-12 online education platform Zuoyebang has announced via its official WeChat account the completion of a USD 750 mln Series E round of financing, led by FountainVest Partners and Tiger Global, with participation from new and existing shareholders Qatar Investment Authority, Sequoia Capital China Fund, Softbank Vision Fund 1, Tiantu Capital, and Xianghe Capital. Read More
Beijing-based Xiaochuan Chuhai Education Technology, operator of mobile homework app Zuoyebang (Homework Helper), has completed USD 60 mln Series B funding, jointly led by Granite Global Ventures and Xianghe Capital (a VC firm founded by former Baidu executives), and with participation from Sequoia Capital and Legend Capital. Read More
Beijing-based online game developer and operator Perfect World has reportedly purchased the online and mobile literature business belonging to internet company Baidu (Nasdaq: BIDU) for RMB 1 bln, according to a source familiar with the matter. Read More
Nine of Chinese internet company Baidu's (Nasdaq: BIDU) subsidiaries are preparing for IPOs in the domestic capital markets, according to Chinese news media reports. Read More
Chinese internet company Baidu (Nasdaq: BIDU) has announced that it will merge its digital music service Baidu Music with talent agency and entertainment company Taihe Entertainment Group (Taihe Music Group) to create a new company. Read More