Online education platform Guorou Wangxiao completes two rounds of financing

Guorou Wangxiao, an online education platform, has now completed Series A and A+ rounds of financing with a total amount of more than 100 million yuan. Series A is invested by Crystal Stream Capital, Toutoushidao Capital (under Puhua Capital), and ZhenFund, Series A+ by Welight Capital.

Guorou Wangxiao, an online education platform, has now completed Series A and A+ rounds of financing with a total amount of more than 100 million yuan. Series A is invested by Crystal Stream Capital, Toutoushidao Capital (under Puhua Capital), and ZhenFund, Series A+ by Welight Capital.

Guorou Wangxiao is a brand started up from South China. At present, it has completed the establishment of all discipline systems for primary school students. The number of paying users is in the hundreds of thousands, with highest online market share in some regions.

The company’s founder Zhu Ting, believes that the competition in the field of online education will end for small businesses in the next 5 years. Small companies have no chance to enter the game. In the future, there will be multiple top-end brands coexisting, instead of only one company in dominating position.

At present, Guorou Wangxiao has become a regional top-end platform in South China, and cross-regional exploration is also underway according to the plan.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/online-education-platform-guorou-wangxiao-completes-two-rounds-of-financing/.

Leave a Reply

Please Login to Comment