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Coatue Management led a $500m series D funding round in VIPKID.

Synopsis

Coatue Management, an American technology-focused investment manager, led a $500m series D funding round in VIPKID, an online learning platform, with participation from Tencent, Sequoia Capital and Yunfeng Capital. “We believe that VIPKID is transforming the shape of traditional education on a global scale and is providing an excellent new model for future education. Coatue is excited about VIPKID’s opportunity to integrate outstanding educational resources globally and boost its internationalization process,” Philippe Laffont, Coatue Management Founder.

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