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China's EdTech assault hits investors from Tiger to Temasek

China's EdTech assault hits investors from Tiger to Temasek
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Investors in China's $100bn private education business are stuck | Business and Economy News

Investors in China's $100bn private education business are stuck | Business and Economy News
aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.

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Investors from Tiger to Temasek bracing as S$136b online tutoring market comes under scrutiny

(July 24): Global investors from Tiger Global Management to Temasek Holdings Pte are reeling as China prepares to impose its harshest curbs yet on its $100 billion private tutoring and online education sector.
China is considering asking companies that offer tutoring on the school curriculum to go non-profit, people familiar told Bloomberg News, potentially wiping out a big chunk of the billions that private equity and venture capital funds have staked on a once red-hot sector.
In rules currently under debate, the platforms may lose their ability to raise capital or go public depriving their backers of the exits they need to cash out. And foreign capital could be banned from the sector, with uncertain ramifications for the likes of Singapore’s Temasek and GIC Pte as well as Warburg Pincus and SoftBank’s Vision Fund that have all invested in many of the industry’s big players. ....

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China's edtech assault hits investors from Tiger to Temasek

The Straits Times
China s edtech assault hits investors from Tiger to Temasek
China ordered companies that offer tutoring on the school curriculum to go non-profit on July 24, 2021.PHOTO: REUTERS
PublishedJul 25, 2021, 2:39 pm SGT
https://str.sg/33zk
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Investors scarred by China EdTech assault

Investors scarred by China EdTech assault
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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