Alibaba has injected $150m into personalised education platform Knowbox, whose backers already include TAL Education, Bertelsmann, Baidu and Legend Star.
China-based online education platform Knowbox has closed a $150m series D round led by e-commerce and internet group Alibaba, 36Kr has reported.
Founded in 2014, Knowbox operates an online education platform that specialises in mathematics, relying on games and competitions to teach the subject to students. Teachers can use the platform to assign and grade homework, and the company claims it is used by 70% of primary schools in China.
Knowbox has not revealed how it intends to spend the…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
