English teaching service VIPKID raises $200M and reportedly hits a $1.5B valuation

 VIPKID, an online English teaching tool, announced today that it has raised $200 million in financing. That financing round values the company at $1.5 billion,according to a report by Bloomberg. That wouldn’t just give VIPKID unicorn status — it also exposes a huge amount of demand there is in China and other countries as a tool to learn English from English speakers. VIPKID… Read More

Author: Matthew Lynley
Published at: Wed, 23 Aug 2017 19:23:05 +0000

Credits: https://www.techcrunch.com