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TAL EDUCATION GROUP
Chinese startup ShengShu raises $293 million to advance artificial general intelligenceFounded in early 2023 by Tsinghua University alum Zhu Jun, ShengShu became the first Chinese company to release a video generation model wh...- SC stays Kerala HC order directing Byju’s RP, EY India chairman, Glas Trust to appearThe Supreme Court has halted contempt proceedings against Byju's resolution professional and EY India chairman. These proceedings were rela...
- Kerala HC directs Byju’s RP, EY India chairman, Glas Trust to appear on FridayThe order was passed on a petition filed by Voizzit Technology, which has claimed rights over Byju’s parent Think & Learn’s foreign assets,...
- Byju’s US assets Epic and Tynker sold for a songComputer science education company CodeHS has acquired Tynker for $2.2 million in cash, a significant drop from the $200 million that Byju’...
- Fire sale at Byju’s; Meesho’s pre-IPO moveTroubled edtech startup Byju’s is selling its US assets at steep losses, mandated by a US bankruptcy court. This and more in today’s ETtech...
- Canada sets 2025 Study Permit cap to 437,000: Breakdown by province and territoryImmigration, Refugees, and Citizenship Canada has set a cap of 437,000 study permits for 2025, a 10% reduction from 2024. Most applicants, ...
- 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...
- Big rethink ahead for US Chinese-listed stocks after ugly JulyThe Nasdaq Golden Dragon China Index -- which tracks 98 of China’s biggest firms listed in the U.S. -- plunged 22% in July, its biggest one...
- China's Tech Crackdown: The Great FallWe take a closer look at the fallout -- and the mind-boggling numbers -- from China's crackdown.
- China shares plunge to 8-month low on regulatory woesChina's blue-chip CSI300 index ended down 3.53% at its lowest close since November, extending Monday's 3.2% selloff. Losses spanned the fin...
- 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...
- Beijing tutoring crackdown slams US-listed Chinese stocksUS shares of TAL Education Group and New Oriental Education & Technology Group Inc , which provide tutoring and test preparation services i...
- Short sellers got crushed in 2020 as Tesla, Moderna soaredA monthly index of short-selling hedge funds is down 32% this year through October, according to data provider Hedge Fund Research.
- Top-performing Morgan Stanley fund bets on India bank winnersSoured loans are expected to swell to the highest level in more than two decades in 2021 following the world’s strictest lockdown measures.
- Edtech startup Vedantu secures $42M from Tiger Global, WestBridge CapEdtech firm now wants to boost activations from tier-2 and beyond.
- Edtech firms see money in live streaming classesExperts say increased adoption of live video learning is a direct impact of falling mobile data costs.
- Four Indian students make it to Stephen Kosslyn-backed Minerva projectFour Indians, two each from Mumbai and Bengaluru, figure among the batch of 115 students from across the world selected for the new academi...
- Arun Pudur tops Asia's wealthiest under-40 listGlobal wealth intelligence and prospecting company said Pudur, the owner of Celframe, topped the list with a personal fortune of $ 4 billio...
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