Chinese tutoring app Yuanfudao racks up $2.2bn: Reuters

Yuanfudao, a Chinese tutoring app, has raised $2.2 billion, reported Reuters.

Yuanfudao, a Chinese tutoring app, has raised $2.2 billion, reported Reuters. The company’s investors include Tencent, Hillhouse Capital, Boyu Capital and IDG Capital.

Source: Reuters