Jul 27, 2018 at 12:00am ET By Alyssa Walker

Online education is taking off across the globe. One place it's taking off and investors are biting? China.

Investors have found a new favorite in China: online education. Last month, it too four Chinese online learning firms to raise $604.2 million in venture capital.

The biggest winner? Chinese K-12 online education platform Vipkid. The platform advertises an online American elementary school experience for Chinese students between the ages of four and twelve. 

Later in the week, Weikezhijia, a Wuhan-based online platform streaming courses for all subjects in primary schools and high school, raised $3.8 million.

Beijing-based Huohua Siwei raised $20 million, and Landi English announced that it had raised $80.4 million.

Why now?

According to the China Money Network, Chinese parents prioritize education as number one for their children. They quote an HSBC survey that shows that Chinese parents spend $42,892 on education for their children.

After China ended its one-child policy in 2015, it expects to see an explosion in its population--and thus a greater demand for educational services.

In 2017, China's K-12 educational market grew 51.8 percent, and had about 183 million students.

While teaching resources vary across the country, Chinese investors seem to agree that online teaching will reach the across the broadest spectrum of income--and give the biggest bang for the buck. 

Learn more about studying in China. 

Alyssa Walker is a freelance writer, educator, and nonprofit consultant. She lives in the White Mountains of New Hampshire with her family.

Add your comment


December 14, 2018

This past August, over 80 girls from 34 African countries attended the first Coding Camp in Addis-Ababa, Ethiopia, for 10 days. The camp launched the ...

November 16, 2018

Online learning opens doors to many students. One particular demographic that’s taking advantage of this relatively new path to college degrees, acc...

November 9, 2018

Coding has been declared to be the "most important job skill of the future", as well as being heralded as "the next mass profession". But whether or n...

comments powered by Disqus