Many of the highest-profile English tutoring platforms focus on children, including VIPKID and Magic Ears. Ringle created a niche for itself by focusing on adults first, with courses like business English and interview preparation. The South Korea-based startup announced today it has raised an $18 million Series A led by returning investor Must Asset Management, […]
Ringle created a niche for itself by focusing on adults first, with courses like business English and interview preparation. Ringle is preparing to launch a program for school kids later this year, and also has plans to open offline educational spaces in South Korea and the United States. Other participants in the round, which brings Ringle’s total raised to $20 million, include returning investors One Asset Management and MoCA Ventures, along with new backer Xolon Invest.
Share:
Must Asset Management, which held a 4.7% stake in
GameStop Corp. (NYSE: GME) until April last year at least, is turning less bullish on the stock in light of the latest confounding rally.
What Happened: Must Asset Management CEO Kim Doo-yong told Bloomberg on Monday that the South Korean hedge fund had turned “less bullish” and “more neutral” on GameStop.
According to Kim, GME “stock will continue to be very volatile and unpredictable in the short term.”
The 4.7% stake made Must Asset Management one of the largest GameStop investors, as per Bloomberg. Whether the hedge fund has maintained its stake isn’t clear and Kim refused to comment to Bloomberg.