Chinese online tutor Zuoyebang raises over $1.6b from Alibaba, SoftBank, others

Chinese online tutor Zuoyebang raises over $1.6b from Alibaba, SoftBank, others

Photo: Internet Archive

Chinese online tutor Zuoyebang has raised more than $1.6 billion in a new funding round from investors including Alibaba Group and SoftBank’s Vision Fund, the company said on Monday.