Online & Offline Teen Programming Study Platform 'All Dream' Raises RMB 120 Mln Series B
Lieyunwang.com, 9/12/18
Shanghai-based online and offline teenager-oriented programming education services provider All Dream Network Technology recently announced completion of RMB 120 mln in Series B funding led by TAL Education Group's (NYSE: TAL) Win-win Fund and IDG Capital with participation by Shenzhen-based Qianhai Fund of Funds.
All Dream currently reaches more than 100,000 families in nearly 50 Chinese cities and its repeat-purchase rate is above 90%. A typical customer order costs approximately RMB 15,000. More than 85% of students receive awards under China's National Olympiad in Informatics in Provinces (NOIP) competition, and many app products and games developed by students are listed in Apple's App Store.
All Dream plans to launch a new, "all-China youth online programming competition" platform in H2 2018, which will provide online exchange and skill-building tools for young programming students throughout China to help children solidify their post-lesson grasp of study content and develop creative projects.
Editor's Note: For more information on this topic, please see Online & Offline Teen Programming Class 'All Dream' Raises RMB 8-digit Series A, MD 12/08/17 issue.
Keywords: M&A VC Internet funding Series B Qianhai Fund of Funds TAL Education TAL All Dream IDGVC online education
Sending
