VipKid, China’s largest online education start-up, is expanding its course offering and adopting artificial intelligence (AI) tools as part of a plan to deliver services in 100 countries over the next three years, following its US$500mil (RM2bil) funding round in June that valued the company at more than US$3bil (RM12bil).
The company’s expansion initiative followed reports last month that rival start-up Liulishuo planned to raise up to US$300mil (RM1.2bil) in an initial public offering in the United States, with an eye on a US$2bil (RM8bil) valuation.
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