Tencent has supplied capital for Yuanfudao, the edtech company previously known as Yuantiku whose backers also include International Data Group.

China-based online education platform Yuanfudao has received $40m in funding from internet company Tencent, China Money Network reported today, citing local media reports. Founded in 2012, Yuanfudao operates a mobile app that helps pupils in primary and secondary education prepare for their exams and communicate with teachers. It reportedly has 85 million users. The company…

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