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12 Oct TAL Education Group invests US$30M in Phoenix E-Learning

TAL will receive 32 per cent equity in China’s leading online education startup. TAL Education Group, a K-12 after-school tutoring service provider in China, has invested US$30 million in Phoenix E-Learning, which operates China’s largest online educational platform serving the public school system. Founded in 2003, Phoenix E-learning runs Zxxk.com, which it...

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