Coatue Management Leads $350m Series D Round In Online Education Platform Zuoyebang – China Money Network
Technology-focused hedge fund Coatue Management has led a US$350 million series D round in Zuoyebang, an online platform that helps K-12 students with homework. Goldman Sachs, Sequoia Capital China, GGV Capital, Primavera Capital Group, Xiang He Capital, Tiantu Capital, New Enterprise Associates and Taihe Capital also participated in the round, according to Zuoyebang’s announcement. In 2015, Baidu Inc. included Zuoyebang in their strategy to make new businesses independent and open them to outside investors. The platform currently has 70 million … Coatue Management Leads $350M Series D Round In Online Education Platform Zuoyebang appeared first on China Money Network.