The Duowan Entertainment-backed English language learning platform has raised $45.6m in a US initial public offering and will secure another $20m through a private placement.

Internet Thailand intends to keep its 25% stake in the Thailand-based back-office services provider.

Naspers is set to help online education marketplace Udemy strengthen its position in international markets.

The job search engine that has grown to 30 million users and raised funding from investors including IDG is shutting down towards the end of the month.

Tencent has supplied capital for Yuanfudao, the edtech company previously known as Yuantiku whose backers also include International Data Group.