Each Thursday CBCE will introduce new business trends and models in China🔍
European EdTech entrepreneurs, check this out ⬇️
The COVID-19 pandemic brought not only challenges but also opportunities for businesses to grow. One of them is, definitely, Education Technology or EdTech. The outbreak has had a profound impact on traditional learning methods with schools, universities, and private learning centers giving classes online.
According to CIW, China’s online education market is predicted to be worth US$58.51 billion by the end of the year. Its growth rate is over 24%!⬆️
Sounds like good timing for European educational technology companies🇪🇺 to explore a booming Chinese market! 🇨🇳CBCE knows how to do it, just send us a message to explore opportunities together!
📚💻Here are several examples of Chinese EdTech startups:
1)Yuanfudao (猿辅导) - a K12 (from kindergarten to the 12th grade) platform with AI-enabled online classes and tutoring
2)Code Mao (编程猫) - an online platform with coding tutorials for kids
3)VIPKid - an English language tutoring platform that pairs teachers from the US or Canada with students in China
4)17 Zuoye (17作业) - a three-party learning platform for students, teachers and parents