久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Zuoyebang to further online efforts

By Cheng Yu and Zhang Xiaomin in Dalian, Liaoning | China Daily | Updated: 2019-07-11 10:10
Share
Share - WeChat
A boy checks out an online geography class provided by Zuoyebang during a recent high-tech exhibition in Wuzhen, Zhejiang province. [Photo by Chen Zebing/China Daily]

Livestreaming courses will continue to be a major focus, says company's CEO

The rapid capital influx into China's online education sector will be good for the industry in the long run, but meanwhile, will raise the bar for startups, an industry insider said.

Hou Jianbin, founder and CEO of Zuoyebang, a leading online education startup, said a large amount of capital in the online education sector is "beneficial" as it will accelerate the growth of the whole industry.

"The capital will bring upgrades and accelerate the development of the education segment indeed, but the sector is supposed be boosted at an even pace, with patience and enough time," Hou said. "Also, the cost of gaining users and the threshold of the emerging sector will be raised."

Though it's getting more difficult to "bite a piece of the pie" from the country's online education segment, Hou told China Daily that the company has been gaining momentum as its total revenue growth is 4.5 times bigger now than that of last year.

Hou made the remarks in an interview during the World Economic Forum's Annual Meeting of the New Champions 2019, also known as the Summer Davos, in Dalian, Liaoning province, earlier this month.

For now, Hou denied plans to go public.

"We are not in a hurry to go public. Before that, we hope to achieve a better business performance and build a more solid foundation," the CEO said.

"But once the company goes public in the future, it will definitely be eye-catching ... in its scale, valuation or performance," he added.

Founded in 2015, Zuoyebang raised $350 million in its latest series D financing last year, with top investors such as Goldman Sachs, Sequoia Capital China and GGV Capital.

A report by market consultancy ASKCI Consulting Co said there were 369 moves to raise funds in the education sector last year, the highest record in the past 10 years, and more than half were conducted by online education companies.

Speaking of the booming online education sector, Hou said livestreaming courses in the kindergarten to 12th grade will continue to be a major focus and "will be the biggest contributor of monetizing" by outfits in the sector.

"Livestreaming courses have abundant forms and each specific subject can be divided into different courses which will generate big amounts of revenue," he said.

As an after-school mentoring platform, Zuoyebang started its business by enabling students to take pictures of their questions and search for answers. Later, it developed its major business into livestreaming courses.

The Beijing-based company has 400 million registered users and 80 million monthly active users, its data showed.

"We are optimistic about the prospect of Chinese online education and we think that the country is expected to generate a group of education companies valued at several billion dollars," Steven Ji, co-founder of Sequoia Capital, said.

"It's not an easy task to grab users from the huge cake," Ji said, adding that Zuoyebang is strong at gaining users and that's why they have invested in the company.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产成人在线网址 | 日韩精品一区二区三区中文字幕 | 特级aaa片毛片免费观看 | 26uuu欧美日韩国产 | 亚洲欧美国产一区二区三区 | 日韩在线国产精品 | 日韩精品不卡 | 精品在线视频免费观看 | 久久99热成人精品国产 | 亚洲成a人一区二区三区 | 国产日本亚洲欧美 | 国产高清在线观看视频手机版 | 91成人免费 | 成人欧美视频在线观看播放 | 成人a级 | 久久亚洲精品国产精品777777 | 国产高清一区二区三区四区 | 欧洲性大片xxxxx久久久 | 久污| 18免费网站| 久久久久一 | 精品视频在线一区 | 国产91久久久久久久免费 | 欧美人在线一区二区三区 | 长腿美女被啪的欲仙欲死视频 | 午夜免费毛片 | 成人性生免费视频 | 亚洲日韩精品欧美一区二区一 | 一区二区日韩欧美 | 高清视频 一区二区三区四区 | 全部孕妇毛片 | 国产网址在线 | 国产欧美精品一区二区 | 日产一区2区三区有限公司 日产一区两区三区 | 美国美女一级毛片免费全 | 九草网| 一二三区在线观看 | 一机毛片| 欧美上床视频 | 美女扒开腿让男人桶个爽 | 亚洲伊人色综合网站亚洲伊人 |