The self-styled “GitHub for Chinese kid coders” coding edtech leader Codemao is in B2B and B2C markets; plans Sci-Tech Innovation Board (STAR) IPO by 2022.
Why
Desire for coding education
Many Chinese parents want their children to catch the AI wave by learning to code.
Governmental encouragement
China wants to develop more talent for its tech industries.
Market
RMB 30bn
Projected value of China's coding education market by 2023, up from RMB 4bn in 2018, according to iResearch Consulting Group.
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