Jan 26, 2021 09:53 AM (GMT+8) · EqualOcean
On January 26, Peiyou, the leading brand of online children's English class, announced the completion of the B + round of financing. This round of financing was led by the domestic education giant new Oriental, followed by ocean capital, and continued to be the exclusive financial consultant of Taihe capital. This is also the first time that New Oriental Group has invested in children's English live broadcasting products. So far, the whale foreign teacher Peiyou B series has raised a total of RMB 220 million. Wu Hao, CEO of whale foreign teacher Peiyou, said that after this round of financing, whale will continue to increase investment around the "original reading product matrix": in terms of age, it will focus on polishing the enlightenment product line to explore a new form of English Enlightenment curriculum that is more suitable for Chinese children; in terms of class type, it will stick to the 1V2 small class mode, and at the same time, it will launch larger small classes to meet more hierarchical needs In terms of product effect, whale will also introduce more authoritative original evaluation system in the future, starting from the two dimensions of process and result, listening, speaking, reading and writing, to carry out qualitative and quantitative special evaluation on students' learning situation, through the three links of pre-school, middle school and post-school, so that parents and teachers can understand children's learning situation at any time, According to the evaluation results, we can quickly adjust the learning progress and teaching methods to better evaluate students' learning comprehensively and accurately.