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New Deal


Announced

Completed

Tencent and Jingwei China led a $190m Series E funding round in Yunxuetang.

Financials

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Transaction Value£137m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Cross Border

Minority

Friendly

Venture Capital

Private Equity

Outsourced HR and Staffing

corporate training services

China

Completed

Synopsis

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Tencent and Jingwei China led a $190m Series E funding round in Yunxuetang, an online corporate training platform. The round was joined by Sequoia China and Hongzhuo Capital. The round of financing funds of Yunxuetang will be mainly used in AI technology and software product innovation, data middle and IT middle platform construction, content product ecological ability improvement, customer delivery and service ability improvement, and customer success ability improvement.

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