K-12 online math and science education platform Huohua Siwei received $150 million in a third batch of its Series E, which totals $400 million.
edtech
Alibaba empire under pressure, VCs flood edtech: Retailheads
China launches an anti-trust probe into Alibaba and summon executives from Ant Group, Luckin continued to grow in 2020, investment into edtech surged.