Yuanfudao: Yuanfudao Closes US$2.2 Billion Series G1 and G2 Financing

Yuanfudao, a Beijing, China-based online education platform, closed a US$2.2 billion Series G1 and G2 financing. The G1 financing round was led by Tencent, with participation from Hillhouse Capital, Boyu Capital and IDG Capital. The G2 financing round was led by DST Global, with participation from CITICPE, GIC, Temasek, TBP, DCP, Ocean Link, Greenwoods and Danhe Capital. Yuanfudao's [...] The post Yuanfudao Closes US$2.2 Billion Series G1 and G2 Financing appeared first on FinSMEs.