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Yuanfudao

Yuanfudao

Yuanfudao provides online live courses and tutoring.

OverviewStructured DataIssuesContributors

Contents

yuanfudao.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Tutor
Tutor
Training
Training
Education
Education
Educational Technology
Educational Technology
B2C
B2C
Technology
Technology
Location
Beijing
Beijing
B2X
B2C
B2C
CEO
‌
Li Yong (prince)
Founder
‌
Li Yong (prince)
‌
Xin Liu (entrepreneur)
Pitchbook URL
pitchbook.com/profiles.../65211-31
Number of Employees (Ranges)
5,001 – 10,0000
Number of Employees
30,000
Investors
Hillhouse Capital Group
Hillhouse Capital Group
IDG Capital Partners
IDG Capital Partners
DCP Capital
DCP Capital
Founded Date
2012
Total Funding Amount (USD)
2,500,000,000
Latest Funding Round Date
October 22, 2020
Business Model
Commerce
Subscription
Latest Funding Type
‌
Series G round
Latest Postmoney Valuation
3,000,000,000
Country
China
China

Other attributes

Company Operating Status
Active

Yuanfudao is a Chinese online education platform which is backed by tech giant Tencent Holdings. In March 2020 it annouced it was financing a round that would value it at around $7.5 billion.

The round of financing was led by Tencent Holdings (0700.HK) and private equity powerhouse Hillhouse Capital Group.

Between January and mid-March 2020, Yuanfudao ranked first in in-app purchases on the Chinese app store's education category, according to mobile app performance tracker App Annie.

Yuanfudao's estimated annual revenue for 2019 was $250.3 million.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
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Date
No Further Resources data yet.

References

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