Education unicorn VIPKID has lesson for investors

The online learning platform has enjoyed success connecting Chinese learners to English teachers in the US. It's now looking to do the reverse.

Cindy Mi, founder and CEO of VIPKID (Photo provided by interviewee)

Ann Shi

December 19, 2017

When VIPKID made the world’s largest single-round fundraising in pre-secondary school education this summer, it inspired investors who foresaw growing demand for online education in China – a sector worth Rmb156 billion ($23.4 billion) in 2016 and projected to reach Rmb270 billion in 2019.

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