Announced
Completed
Alibaba led a $1.6bn Series E+ round in Zuoyebang.
Synopsis
Alibaba Group led a $1.6bn Series E+ round in Zuoyebang, a Chinese online learning app. Other participants included returning investors Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China and FountainVest Partners. The latest financing brings Zuoyebang’s total raised so far to $2.93bn.
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