Whale English, a provider of an online English education, announced that it has obtained RMB 100 million in Series B financing round. This investment is led by China’s leading alternative asset management institution, Sino-Ocean Capital, with Hike Capital and Fresh Capital participating. TH Capital served as the sole financial advisor.
TH Capital announced the appointment of Zhiping Chen, a senior expert in the field of corporate mergers and acquisitions, as the managing partner responsible for mergers and acquisitions and strategic transactions. Chen is the first externally introduced partner of the TH Capital. Previously, the company had a total of four partners, including three managing partners Liangjing Song, Ruyi Guo, Wenq