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Unicorns Yuanfudao and Zuoyebang raised more than $6bn combined last year as demand for online learning continues to grow, but some smaller players are running out of cash
Used by more than 3m students, unicorn Squirrel AI tracks learning outcomes in real time and adapts teaching, proving more effective than traditional methods
Will skyrocketing demand for online education during Covid-19 give China's edtechs that long-awaited push to profitability?
Known for his whimsical investment style, Xu has caught a number of unicorns
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