By continuing to browse this website, you consent to our use of cookies, as well as to our Terms of Use and Privacy Policy which provide additional information about how we process your data. This website uses cookies to enhance your user experience. Please read our Cookies Policy for more information on how we use cookies, as well as instructions on how to disable cookies. You may disable cookies through your internet browser settings, however this may result in some parts of the website not working properly for you.

© VIPKID

© VIPKID

Parents’ willingness to pay and investors’ enthusiasm are not enough to ensure a profitable future for edtechs that still lack a viable business model

00:00/00:00
In China, spending on education accounts for more than  25% of household expenditures (in urban households, the percentage can be as high as 42.2%), compared with 2.3% in the US. It comes as no surprise, then, that the edtech sector is popular among Chinese investors.
Over 50% of global investment in edtech flowed into Chinese startups in 2018. In June of that year, English tutoring app VIPKID raised US$500m in its Series D+ funding, the single largest venture round ever for an edtech startup. During the first three months of 2019, Chinese edtechs secured 131 investment deals, raising...

The rest of the content is exclusive to Premium subscribers

Subscribe now to continue accessing our full range of insights and data.

I’m a/an
  • Entreprenuer
  • Investors
  • Researcher
  • Technology & Startup Enthusiast
  • Government Staff

Gift This Article

The gift link can be opened by one recipient only.

You have 0 gift credits left this month

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download a free sample profile here to view premium content

You must agree to the CompassList’s Terms of Use and Privacy Policy
Cancel

Your sample has been sent. Please check your email.