According to Dow Jones, Tencent will invest $150 million in the online education startup VIPKID, valued at $4.5 billion.
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VIPKID is hard to find money for 15 months, and shareholders Tencent will help again.
September 19, according to Dow Jones, Tencent will invest $150 million in online education startup VIPKID, valued at $4.5 billion. In this regard, the core source of the close message is verified, and the investment amount and valuation are confirmed.
VIPKID has been looking for money for a long time, and the new round of financing plans has been fluctuating. Founder Mi Wenjuan reported the news of seeking financing in the United States in the middle of last year. In January this year, foreign media The Information reported that VIPKID plans to raise $400 million to $500 million with a valuation of $6 billion. In April, some investors disclosed to the Financial Times that the target value of VIPKID was between $5.5 billion and $6 billion. In August of this year, author Shi An learned from sources that VIPKID later reduced the financing amount to more than 150 million US dollars, and the valuation fell to 4.5 billion US dollars.
The 6-year-old VIPKID started as an online one-on-one education for children and children. In August 2017, after completing the $200 million D round of financing by institutions such as Tencent and Ali Yunfeng Fund, …
Editor’s comment: The policy is settled, online education startups want to grab rapid expansion before supervision…
Aiming at the $2 trillion blue ocean market, Huawei’s overall computing strategy debuts
In addition to 5G and Hongmeng, Huawei has also shown its own computing strategy. On September 18th, at the 4th Huawei Total Connection Conference, Huawei released the overall computing strategy for the first time, raising “computation” to the same level as “joining”, and releasing the world’s fastest AI training cluster. Atlas 900.
Hu Hu, vice chairman of Huawei, said that Huawei has been doing connections in the past and has achieved some results, but in terms of computing, Huawei has also invested in ten years. Moreover, “to support the future of the smart world, connectivity and computing are indispensable.”
The intelligent age of computing has three characteristics, one is …
Editor’s comment: Huawei released the overall computing strategy, which reflects Huawei’s computing strength on the one hand, and the development of the computing industry to key nodes on the other hand.Companies such as songs and Intel have started…
This article is from the paid section “Daily Business Featured” – September 19
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