Tencent-backed homework app jumps to $3B valuation after raising $300M

1:05am PST - December 26th, 2018    stock-market - TechCrunch

Academic exams are a big deal in China as they determine the kind of universities, high schools and elementary schools that students get into and to a degree, the future that awaits them. Parents are thus willing to invest generously to help their children ge…