China edtech. GET and GES conferences. Of the 6 EdTech unicorns Jul 29, 2021 · Under Siege, China EdTech Giants Take Steps to Curb Fallout. 73%. 5 billion valuation after closing a $2. Education is a USD 6. A popular trend in China's Edtech industry is the combination of artificial intelligence (AI) with adaptive learning technology, which increases the efficacy of online learning. BY Bloomberg. October, 2025. Expect 2023 to moderate back to pre-pandemic levels with growth in the US, Europe and India replacing China's six year run before COVID delivering more than 50% of global funding in EdTech. 4. HK. BYJU'S is a global edtech company providing learning solutions to more than 150 million students around the world. While the stock prices of the long-standing leaders, TAL education and New Oriental Global EdTech Venture Capital had a strong 2022 delivering $10. Jul 26, 2021 · China on Saturday ordered companies that offer tutoring on the school curriculum to go non-profit, potentially wiping out a big chunk of the billions that private equity and venture capital funds Mar 23, 2021 · Read more: Alibaba, Tiger Lead $1. Even at this level, EdTech and digital expenditure will only make up 5. An EdTech Unicorn is a private company with a valuation in excess of $1billion. 5% of the $7. 45 billion. 9 billion (only 9% of global VC) from $8. 5B USD (far surpass US). Udemy, Inc. Whereas in India, EdTech has been emerging strongly as an export service. 48 billion USD, presenting an 182% year-over-year increase indicating investor’s higher interests in M&A activities and premium valuation of education assets in China. China's Approach to Digital Transformation of Higher Education. In China Koolearn, GSX, and YouDao– the three pure online after-school tutoring Dec 21, 2019 · China has the most active EdTech market in the world. Everspring is an edtech company that works with institutions to bring their content online. China-based Ed-tech Closed 113 Deals and Raised around $2. The industry players also showed strong performance in the stock market. May 31, 2021, 12:52 AM PDT. online education plays are in the gutter. 4 Billion by 2028, exhibiting a growth rate (CAGR) of 14. Edtech UI Design. 3% as reported by iiMedia Research. HolonIQ’s first-ever annual cohort of based digital education 100 startups is a list of 100 of the most promising private chinese based companies creating innovative products and services in the $6T+ education industry, according schoolchildren and college students in China, Europe, the United States and most other countries around the world to online platforms in response to the coronavirus outbreak (COVID-19), actual expenditures on EdTech will be substantially higher. EdTech, which includes computer assisted learning (CAL), online education, and remote instruction, was expanding rapidly even before the current full-scale substitution for in-person learning at all levels of education around the world because of Dec 30, 2021 · The educational technology industry, popularly known as EduTech or EdTech, seems to grow at 15 % (CAGR) till 20 30 in India. 5B in VC funding. Six of the top ten EdTech Unicorns are from China. Founded by former Baidu executive Hou Jianbin in 2015, the startup has raised at Jul 24, 2021 · July 25, 2021 at 5:34 PM PDT. Dec 15, 2020 · Yuanfudao is an educational technology company and online tutoring app that was established in 2012. It is the largest educational tech company in Asia and a private EdTech startup in China with the highest value. Fueled by a massive US and EU investment surge and India's growth charging onwards, collectively global growth covered an $8B investment collapse from China and managed to set record growth for the sector. Global Education Technology by JMD, and Continue reading China Admissions recognised in 100 Most Dec 29, 2020 · China is home to a growing number of EdTech Unicorns (see the toggle for the full list). Driven by Higher Education tuition deflation, combined with faster/cheaper credible alternatives and digitization May 26, 2023 · May 26, 2023 01:07 ET | Source: Market. 3. Have an Idea? Let's talk 📮. 6 billion in 2021 and projected growth at a CAGR of over 25% from 2021-2026. According to Chinese regulators, the edtech companies were using misleading pricing and false advertising, respectively. 5x from 2019 to 2025, reaching $404B in total global expenditure. 51 billion) from January through March 2019. It offers remote program management and strategic planning for universities, along with marketing, instructional design and enrollment and student services. We've rounded up several NYC-based edtech startups that are revolutionizing technology in the classroom. 4 billion. , a provider of online teaching in China, rose 7. EdTech Content Source #2: China’s Massive Private EdTech Market. Jul 29, 2021 · China’s online education sector had been expected to generate 491 billion yuan ($76 billion) in revenue by 2024 -- a sizzling pace of growth that briefly made stock market darlings of TAL and Apr 5, 2019 · China is, by far, the world's leader in Edtech. The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, technological factors, key trends, micro and macro indicators, and future prospects Feb 17, 2023 · 3: BYJU’S. The companies have been subject to major changes in the Nov 24, 2020 · The EdTech market in China is enormous because of the nation’s large population. Written by Dustin Harris. ID: 5701122. In China, for their children to ace the Gaokao and Zhongkao exams, which are national college entrance examinations, parents shell out large amounts of money, aiding the popularity of Edtech products Jan 25, 2023 · Last week, headlines rang a false alarm that the “tech crackdown” in China was over. com. The company is working with advisers on the potential listing that could take place as EdTech Venture Capital reached 3x pre-pandemic investment levels in 2021, accelerating startups around the world with over $20B of funding. Both companies accepted the penalty and stated that China Edtech market is a customer intelligence and competitive study of the demand, forecasts, trends, and macro indicators in China market. 3T global education market in 2025. As New York continues to grow its edtech hub, there are a number of startups using technology to change the way teachers teach and students learn. Sep 27 International Conference on Teaching and Education Sciences (ICTES) - Hong Kong, China. Oct 06 International Conference on Educational Sciences (ICES) - Beijing, China. China has identified e-learning as a key direction for improving education across the country. The global education technology market size was estimated at USD 142. BILI. Jun 6, 2023 · The Booming Edtech Market In China. 6 billion) in 2026, at a CAGR of 17. Finally, we identify potential implementation-related challenges based on the results of a preliminary qualitative survey of pilots of EdTech interventions. 3% and will grow 2. “Yuanfudao is poised for high growth as it offers products from preschool to secondary Nov 19, 2023 · 17 NYC Edtech Companies Revolutionizing the Classroom. This is Yuanfudao’s third funding round in 2020, with investment from Yunfeng Eruditus, the top EdTech company in the global rankings, reported a revenue of close to $400 million for the financial year ending in June 2023, up 75% over the prior year. Further, the EdTech Start-ups in China have attracted 54 funding deals in 2017 Q1 which totaled to about 390 Million USD or 2. ”. Percentage of Employees Stated 10. IMARC Group. 2:23. iTutorGroup, which operates out of Shanghai as VIPABC notes its value as $1 billion on its website. Nov 28, 2019 · China Admissions was recognised as being in the 100 most promising Edtech companies in China the China Edtech 100- working to transform the way the world learns. Chinese online tutoring platform Zuoyebang has filed confidentially for an initial public offering in the US, according to people familiar with the matter, who said the move may signal an easing of Beijing’s crackdown on private education firms. Jun 28, 2021 · EdTech funding in the first half of 2021 was incredibly significant for so many reasons. China made up 52% of the last decade’s EdTech VC funding, the US represents 33% followed by Europe, India and the Rest of the World, each investing about 5% of the global funding We would like to show you a description here but the site won’t allow us. Jun 23, 2020 · Edtech, education in china, Education industry in China, Education sector in China, online education in China, Startup scene in China Educational technology is an often overlooked global phenomenon. Listen. And the number of EdTech companies coming out of China is increasing. Chinese online tutoring platform Zuoyebang has filed confidentially for an initial public offering in the US, according to people familiar with the Aug 4, 2021 · Learning is big business in China. Several of them are “unicorns”—private companies with a valuation over $1 billion—per a HolonIQ report from July. (Image credit: Yuanfudao) Beijing unveiled new rules on Saturday on the country’s private education sector, barring after-school tutoring companies, including edtech companies, from earning profits, raising capital, or going public and imposing new limits JMDedu is a leading B2B EdTech Media in China, that informs and connects business professionals through our reports, events, and information services. In 2018, Chinese startups received over 50% of all the capital invested by Venture Capitalists in Edtechs worldwide. 1) Yuan Tiku Jan 22, 2024 · While traditionally strong edtech markets like the U. Global investors from Tiger Global Management to Temasek Holdings Pte are reeling after China imposed the harshest Comments 0. Edtech companies in China are in a league of their own. Join me for more daily design inspiration on. The education technology (Edtech) industry in China registered exponential growth, with a focus on the business-to-consumer (B2C) market model. Location: Chicago, Illinois. (NASDAQ:UDMY) is a popular EdTech company that conducts both academic and professional tutoring in Jun 11, 2016 · This is up over 400% in funding terms, and 18% in deals year-over-year. EdTech is growing at 16. 2 billion round—climbing past India’s online learning platform, Byju, to take its place as the world’s most valuable private edtech company, according to PitchBook data. About 2 million of these students on its Oct 5, 2020 · The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field. The gains followed an Sep 27 International Conference on Education, Distance Education, Instructional and Educational Technology (ICEDEIET) - Hong Kong, China. 5 Billion in 2020 H1 Visa Expired, Graduation Delayed: Chinese Returnees Are Struggling with Job-hunting JMDedu is a leading B2B EdTech Media in China that informs and connects business professionals through our reports, events, and information services. 7% between 2024 and 2034. Education technology (EdTech) refers to a technology that is used to deliver education on a virtual level. Impossible Numbers in China EdTech. May 16, 2023 · Top 10 EdTech Industry Stats. 6 Billion in 2022. The country’s tutoring companies are worth about $120 billion, according to analysis from Reuters. 9% from 2021 to 2026 Jan 27, 2022 · This growth contrasts the severe contraction in edtech investments in China, which fell to $1. Starting at 2. In 2015, global EdTech companies took in more than $2. Feb 9, 2021 · China's primary education market received over 10 billion USD in 2020, overseeing a 150% increase from the previous year and taking up 63% of the global education venture capital funding. This market looked just like any other fast-growing vertical: a few much-praised unicorns burning money for market share, like Yuanfudao and Zuoyebang, and a smattering of early May 31, 2021 · Beijing’s concerns about overworked students upend the plans of China’s edtech startups. Third, we show that China is not limited by the resource constraints of other developing countries due to substantial policy support and a thriving EdTech industry. Apr 25, 2024 · Pei Li. In particular, its focus will be mostly on South and Southeast Asian countries. 5:20. Its main competitor is Yuanfudao which raised $2. 2 billion in funding back in October. Digital Infrastructure and (Open) Educational Resources. Instagram: @uxui_prasanth. 98 billion across 442 deals , and global EdTech funding jumped a whopping 58% in 2015 from Sep 16, 2021 · China’s Edtech startups have the potential to increase digital education in the country but the Chinese Government has recently imposed new laws making the Edtech companies go nonprofit. The Edtech market in China is defined by a preference for mobile learning solutions, consistent with smartphones' pervasive usage in education. Dec 28, 2020 · China Edtech Startups Yuanfudao, Zuoyebang Raise Billions in Fresh Funding Rounds. Distance learning has become a red hot market for investors as more students embrace online education, a trend that was People will have broad rights to access, correct, export and delete their personal data and to opt out of the “sale” of their personal data (broadly defined to include most forms of data monetization). The increase witnessed during this year is due to the coronavirus pandemic which has forced Jul 26, 2021 · Chinese edtech upended by sweeping regulations. The award banquet was on Tuesday in Beijing at the end of the largest education conferences in Beijing. 9901. and China experienced a very steep drop in venture funding from 2021 to 2022, the European edtech market has proven to be more resilient The UK’s EdTech sector is the largest in Europe, and we have seen increased investment into UK EdTech in the wake of the 2020 coronavirus (COVID-19) pandemic due to the unprecedented need for remote learning. Zhangmen, a Chinese online tutoring platform, has raised $400 million in a new funding round to provide high-quality personalized education services to primary and secondary school students in China. 1 billion (US$44. Our network is across education industry in China as well as globally — entrepreneurs, investors, startups, educators, business-decision Jan 11, 2022 · China, Brazil and U. China has several. Educational technology companies based in China earned more than $9 billion in the past five years. The market is estimated to have 423 million users in 2020. Dec 2, 2022 · This is partially thanks to China’s ambitious policy agenda, which has highlighted EdTech as an integral part of its strategy to improve learning for the millions of students in rural areas that receive poor teaching (Zhao and Gan 2017; MOE 2019) and which has become further emphasized following school closures during the COVID-19 pandemic Oct 27, 2020 · While China hunkered down, its edtech sector surged. 6% in premarket trading on Thursday after surging 34% this week. Our mission is to drive the advancement of education. Dec 13, 2022 · In 2021, China imposed a ban on for-profit tutoring services focused on public school curricula and entrance exams, which turned out to be catastrophic for China EdTech companies. India benefited as an alternate emerging market to invest in for the large sums of global capital that were earlier flowing into Chinese edtech. 5 billion this year. This growth is being driven by a high demand for innovative learning solutions across all education segments of the EdTech Unicorn Change Log. Although EdTech is rapidly being deployed May 15, 2020 · China’s edtech market sector has been capturing steady flows of venture capital despite an overall downturn in Chinese VC investments to $49 billion in 2019. 73% of their stated employee profiles online. Wednesday 9thAugust : Ticker GSX. Meanwhile, Russia is hopeful and gets in the game. 86 billion (RMB 12. Education Technology Market Size & Trends. Still, the EdTech market is expected to grow by nearly $113 billion from Dec 1, 2020 · China is also unique in its pre-COVID investment in EdTech companies. This article is for subscribers only. The announcement comes just months after the company secured its over 50 million Series B round from Ince Apr 18, 2023 · Thanks to such tailwinds, China’s online adult learning market, in terms of revenue, is expected to reach RMB288. 6 Billion Funding in China Edtech Arena. Founded in 2011, BYJU'S is headquartered in India and has operations in more than 100 countries around the world in addition to learning programmes in multiple languages. Apart from the domestic market, Indian EdTech companies have built a presence globally, with focus beyond K12 (vocational education). Junhong Xiao & Jingjing Zhang. Besides going nonprofit the companies are also banned from going public or raising foreign capital, this could not only hinder the growth of the industry but Feb 20, 2024 · Founded: 2011. 83% 16% 2. Introduction. After China and the USA, India’s EdTech industry is the biggest Apr 21, 2021 · Loosely translated as “homework assistant,” Zuoyebang is a spinoff of China’s search engine titan Baidu Inc. Apr 8, 2024 · China sales of edtech are expected to surge at a CAGR of 13. Normally it’s hard enough for a company to reach unicorn status, to be valued at over $ 1 billion. Us. Bloomberg News. prasanth7500@gmail. It is divided into 23 provinces, 5 Feb 21, 2017 · There are around 260M K16 learners in China, and in 2016 one year the VC investment in EdTech has reached 2. 1. Dec 10, 2020 · China will share the ‘throne’ with US as global edtech leaders Education is now a 7 trillion yuan (US$1. by Emma Lee and Wei Sheng Jul 26, 2021. BABA. Jiao’s job helps fuel that fire. Compared to the previous year, the market has a significant rise of about 12. The global edtech market size reached US$ 194. Discover the top 23 edtech companies revolutionizing education. Changes to the above list, older than 12 months are published below. Beijing-based VIPKid which recently raised $200 million Dec 22, 2020 · EEO Education, a Beijing-based EdTech startup and the owner of teaching platform ClassIn, today announced it has $256 million $265 million in Series C funding led by Hillhouse Ventures, followed by Tencent, SIG, Ince Capital, and Gaocheng Capital. By way of confirming the big spend in China Ed Tech, (Zhang, 5/27/2019), reported in Ed Surge thatChina Ed Tech ventures had already raised more than $1. The EdTech platform Edtech in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-21, and forecast to 2026). Aug 26, 2021 · The move is an extension of China’s curb on unruly development in the private education sector, Chinese edtech platforms are shifting their offerings for K-12 students away from curriculum training to art, music, programming, or other courses. In 2021, TechNation reported that investment increased from £17 million in the second quarter of 2020 to £26 million in the final EdTech started the decade with $500M of Venture Capital investments in 2010 and finished 14x higher at $7B in 2019, down 18% off a 2018 high of $8. That revenue is the result of the consumer-focused nature of China’s educational market. 23 billion on the open market. Education technology (EdTech) includes hardware and software technology used to educate students on a virtual level to improve learning in classrooms and Sep 26, 2017 · Investors in China area also indicating a greater interest in the M&A activities and in the premium valuation of China’s education assets. China has led education VC investment growth over the past five years, accounting for half of all spending in this sector. 🇨🇳 Changingedu, Golden Education, Hetao101, Huohua Siwei, Huike, HuJiang, Knowbox, VIPKid, Yuanfudao, Yunxuetang and Zuoyebang all removed from the list in Jan 2023, assessed as 'lapsed'. 8x in Q1 2020, revenue multiples were Aug 16, 2023 · As of August 9, Chegg, Inc. Jun 5, 2019 · By comparison for all of 2018, US Ed Tech startups attracted an investment of 1. 5 million yuan ($388,754) each for misleading consumers. The companies under the BYJU'S Group serve a The most promising 100 private Chinese digital education startups working to transform the way the world learns. Wed, Jul 28, 2021, 5:26 PM 8 min read. 3% during 2023-2028. According to a report by global education technology source Mar 18, 2024 · Highest valued unicorn companies in China 2023; Value of M&A deals in EdTech India 2014-2021; Payment terms of accounts of small enterprises in Italy 2020 Jul 25, 2021 · China’s EdTech companies have focused on domestic markets and mostly on the K12 market. 5 T industry only in the early days of its digitization. Science, technology Edtech Innovations in China. In 2019, Chinese edtech was already leading the world in both number of companies registered and invested capital . Follow me on Dribbble, Behance. Australia and New Zealand edtech market is anticipated to boost at a CAGR of 22. 06 billion) business in China, which accounts for about 7 per cent of the country’s Nov 14, 2022 · With increasing regulatory headwinds buffeting the Chinese edtech industry, prominent edtech players—including Udacity, Coursera, and edX—have turned their investment focus to the enormous Indian market. S. 4% from 2024 to 2030. Since its launch, the company has offered tutoring for more than 200 million students. Guo Shuqing, who heads both the banking regulator and central bank’s Party committee, said the so-called “rectification” of big platform companies’ finance businesses (like Ant Group) was “basically complete. 6 million km2 and a population of over 1. People have suggested that LinkedIn is not an exact measure of total staff numbers, and we concur. 37 billion in 2023 and is expected to grow at a CAGR of 13. We saw the strongest half-year of EdTech funding ever, with a massive change in regional mix – China down given regulatory uncertainty, the US and Europe outperforming their respective 2020 investment levels in just the first half of 2021, India demonstrating strong momentum and key markets such as Jun 29, 2020 · The Chinese education technology major is currently working with 113 educational organizations and 370,000 primary and high schools across China. New York, May 26, 2023 (GLOBE NEWSWIRE) -- The EdTech Market is Expected to Accumulate a Value of US$ 421 Billion by 2032 from US$ 129 Billion in Oct 21, 2020 · The Beijing-based company captured a $15. TAL. (NYSE:CHGG) is worth $1. In 2018, the market size of China’s online education industry was 252 billion RMB (approximately 37 billion USD) with 135 million paying users . Not in China. In May 2021, China’s market regulators announced that it fined online education startups Yuanfudao and Zuoyebang 2. So many startups and established companies are competing in this market where people are… 8,787 5,555 451**. Chinese online education platform Yuanfudao has raised $300 million in a new funding round, bringing the overall funding of the Beijing-based company to $3. We highlight comprehensively the positive trends and driving factors behind the rapid growth of EdTech in Asia and Sep 29, 2021 · Partly as a result of the pandemic, there's been a proliferation of online cram schools and the educational technology, or EdTech, sector, with EdTech startups in China having collectively raised Apr 14, 2017 · However, in 2016, the number of M&A cases in EdTech China has increased from 20 in 2015 to 65 in 2016, reaching 4. 68 Billion RMB. 6B of investment, albeit 49% down on 2021's record levels. GSX has only 2. This applies to the processing of various data, which differs under state laws. ByteDance reportedly laid off half its in-house pre-kindergarten tutors in August due to the regulation. Learn how Byju's and Apollo Education Group are leading the way. 0700. Follow. May 9, 2023 · EdTech Valuation Multiples. 5% through 2034. Isolating the "Tech" from EdTech: Experimental Evidence on Computer Assisted Learning in China. Visit EdTech China to know more. Allowing individuals to exercise rights to opt-in or opt-out. This signifies that China is all up to make a mark in the EdTech sector. The edtech market in China is rapidly growing and is expected to continue to do so, with a current value of $69. By many measures, the current size of the EdTech industry in China is one of the largest—if not the largest—in the world. Looking at revenue valuation multiples, we can see how—as a result of the pandemic—valuations for EdTech companies rose throughout 2020 and then faced a correction throughout 2021, before finally plummeting to about half their pre-pandemic levels by mid-2022. Looking forward, the analyst expects the market to reach US$ 452. While the Chinese market accounted for 63 percent of edtech funding in 2020, that dropped to less than 13 percent in 2021. (Bloomberg) -- China’s largest private Apr 25, 2024 · April 24, 2024 at 10:20 PM PDT. China is a huge country both in terms of geography and population with a territory of 9. Below is a list of EdTech startups and companies from China providing access to education using technology. China is escalating a crackdown on its online education Dec 14, 2023 · The US-listed depositary receipts of Gaotu Techedu Inc. The top five companies, each valued at over $1 billion, accounted for nearly 20 percent of those earnings. It claims to have 800 million registered users, with more than 170 million monthly active users, over 50 million daily active users, and 12 plus million paid users on its platform. 1 billion in 2020 (54% of global edtech VC), highlighting the Sep 29, 2021 · This Smartkarma Original addresses the latest developments of EdTech industry in Asia (ex-China) and will take experience from China as reference. sd oq hg fp eu jf pk jt ww sk