Baidu's online education spinoff is reportedly in talks over a $600m to $800m round set to value it at $6.5bn pre-money.
Zuoyebang, the China-based online education provider spun off by internet group Baidu, has entered discussions to raise up to $800m, Reuters has reported, citing two sources with direct knowledge of the deal.
The company is said to be targeting between $600m and $800m at a $6.5bn pre-money valuation, though talks are reportedly ongoing.
Formed in 2014 being spun off the following year, Zuoyebang runs an artificial intelligence-equipped online platform where students can upload questions in order to seek answers. It…
