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Welcome to the metaverse; Oyo’s pre-IPO movesLike Zoom calls, food delivery and work from home, the idea of building the “metaverse” has surged in popularity during the pandemic. Orave...
China says private tutors will not be able to offer classes onlineA competitive higher education system has made tutoring services popular with parents but the Chinese government has sought to reduce the c...
China says government to set prices for after-school classesLocal governments should establish benchmark fees and floating ranges, and include them in pricing catalogues, according to a notice from C...
China limits children to 3 hours of online gaming a weekMinors in China can only play games between 8 p.m. to 9 p.m. on Fridays, weekends and on public holidays starting Sept. 1, according to a n...
China's Tech Crackdown: The Great FallWe take a closer look at the fallout -- and the mind-boggling numbers -- from China's crackdown.
No gain without pain: Why China's reform push must hurt investorsStocks and sentiment have taken a drubbing as Communist Party rulers seek to remake the property, technology and education sectors to curb ...
Chinese education tycoon loses $15 billion as company shares plunge 98%China’s harshest-ever curbs on its $100 billion private-tutoring and online education sector have hit investors from Tiger Global Managemen...
China's private education firms brace for hit from new rules, shares tumbleNews of the rule changes on Friday sent shockwaves through China's $120 billion private tutoring sector and triggered a massive sell-off in...
From Tiger to Temasek, investors scarred by China edtech assaultChina is considering asking edtech startups to go non-profit, potentially wiping out a big chunk of the billions that private equity and ve...