VIPKid investor Tencent has participated in an $80m series A round for its livestreamed tutoring offshoot, Dami Wangxiao.

Internet group Tencent has co-led a $80m series A round for Dami Wangxiao, a spinoff of China-based online tutoring platform VIPKid, through its Tencent Investment subsidiary. The round was co-led by venture capital firm Sequoia Capital China and Hammer Capital, according to a press release from the company today. DealStreetAsia had reported the size of…

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