Xuebacoming: Promising edtech had compliance issues from day one
- China
- 5 min read
- Apr 21, 2020
- By Hua Nan
Image: Unsplash
Other hefty mistakes also contributed to Xuebacoming's demise – proof that investor and media support, and a booming market, won't guarantee success
China's population of 1.4bn is expected to grow significantly due to the new two-children policy that was introduced in 2015. The government will continue to increase the proportion of its GDP spent on education every year.
Jumping on the edtech bandwagon in 2015 was 20-year-old Qu...
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