WebAug 11, 2024 · Signs of the sweeping crackdown were visible in early May, when China’s market regulator fined Zuoyebang and Yuanfudao RMB 500,000 (USD 78,000), the maximum amount possible for misleading advertising and unclear pricing. The uncertainty around edtech’s future in China sent the sector into a depression in June, as KrASIA … WebAug 9, 2024 · Thrive Capital believed to be leading new multi-billion dollar investment in Stripe Mary Ann Azevedo 9:26 AM PST • January 31, 2024 Thrive Capital has reportedly committed $1 billion in fresh...
China edtech crackdown gives New Oriental …
WebAug 5, 2024 · Meanwhile, TikTok-owner ByteDance laid off hundreds of employees. Stephen Engle reports. (Source: Bloomberg) China’s government last month enacted its harshest ever curbs on the $100 billion ... WebJul 27, 2024 · China’s new effort to rein in the edtech sector follows a series of government crackdowns on homegrown Internet companies. Beijing’s antitrust and cybersecurity regulators in recent months have... hill cemetery sherwood defiance county ohio
The casualties of China’s education crackdown TechCrunch
WebJan 25, 2024 · China’s so-called “tech crackdown” was not a monolithic event. Rather, it was a collection of disparate regulatory overhauls, grouped under a single (nebulous) theme: “disorderly expansion of capital,” a … WebJul 25, 2024 · Last week, China shocked the $120 billion domestic tutoring industry with harsh, dramatic regulations that are nuclear options. Claiming that education has been “hijacked by capital,” the Chinese government introduced a plethora of draconian rules, including forcing tutoring companies to become non-profit and halting foreign … WebJul 26, 2024 · China’s edtech crackdown is erasing billions from the fortunes of its education tycoons. BY Venus Feng and Bloomberg. July 26, 2024, 6:24 AM UTC. smart and final eastvale hours