China-based online education platform HuJiang has secured $100m from search engine Baidu.
China-based online education platform HuJiang has received $100m from search engine Baidu, China Money Network reported Saturday citing unverified media reports.
HuJiang previously raised $20m in a series B round in 2013. The investors were undisclosed, but were reportedly two local venture capital firms. HuJiang has not disclosed its series A round.
The company provides foreign language classes, a learning community, an education e-commerce and a social network. HuJiang claims 80 million users.