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Chinese online training platform Yunxuetang raises $100m from Tencent


Chinese online training platform Yunxuetang raises $100m from Tencent
January 26, 2021
Chinese tech giant Tencent has invested more than $100 million in online corporate training platform Yunxuetang in its Series E1 round, per an announcement.
It brings the total corpus raised by Yunxuetang to over $300 million.
Yunxuetang had raised $100 million in January last year in its Series D round led by PE firm Centurium Capital with the participation from YF Capital – an investment firm co-founded by Alibaba’s former executive chairman Jack Ma Yun, and Susquehanna International Group (SIG).
YF Capital and SIG had together invested $50 million in Yunxuetang’s Series C round in 2018. Previously in 2017, SIG had solely invested $22 million in the company’s Series B round. ....

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Jack Ma Appears for the First Time in Months in Short Video, Alibaba Shares Jump 5%


Jack Ma Appears for the First Time in Months in Short Video, Alibaba Shares Jump 5%
Alibaba Group founder Jack Ma has made his first public appearance of 2021, resulting in a 5% jump in Alibaba shares, after more than two months of laying low.
A brief appearance: During an online conference on Jan. 20, the billionaire appeared in a 50-second video to address 100 rural teachers from across China, Markets Insider reports.
#Alibaba founder Jack Ma Yun @JackMa, the English teacher turned entrepreneur, met with 100 rural teachers from across the country via video link on Wednesday. “We’ll meet again after the [COVID-19] epidemic is over,” he said to them: report pic.twitter.com/oj2JQqZGnI ....

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Alibaba founder Jack Ma delivers video speech to China's rural teachers in first public appearance in three months


3:50 PM MYT
Jack Ma, the founder of Alibaba, makes his first public appearance after nearly three months of being out of public view. Ma told teachers that he has been ‘learning and thinking’, according to a report published by an official local news service. SCMP
Jack Ma, the founder of Alibaba Group, delivered a video speech to over 100 rural Chinese teachers on Wednesday morning, marking his first public appearance in nearly three months after his controversial speech at a Shanghai financial forum on Oct 24.
According to a report by the
Tianmu News, a news service run by the official Zhejiang Daily Group, Ma said in the video remarks that he has been “learning and thinking” and he concluded that Chinese entrepreneurs must serve the country’s visions of “rural revitalisation and common prosperity”. ....

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