Tencent has recommitted to providing $150m for language tutoring platform VIPKid, having reportedly withdrawn from a verbal agreement to invest last month.

China-based online tutoring platform VIPKid is set to raise $150m in funding from internet company Tencent after reports last month suggested the corporate had pulled out of a deal, the Wall Street Journal reported yesterday. Tencent had reportedly made a verbal agreement to participate in a $500m funding round that would have valued VIPKid at…

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