According to EqualOceans, 19 investment transactions in U.S. dollar and 92 in yuan occurred in the education industry in China in the first half of 2020. While the total value of U.S. dollar transactions rose to 15.16 billion yuan in H1, yuan transactions dropped to 4.41 billion yuan. Several large online education companies, such as Yuanfudao, Zuoyebang, Wanxue or Yunxuetang, used the boom in online education due to the COVID-19 pandemic to raise new funds.
Total value of investment transactions in the education industry in U.S. dollar and yuan in China from 1st half 2018 to 1st half 2020
(in billion yuan)
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U.S. dollar transactions
Yuan transactions
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EqualOcean. (July 5, 2020). Total value of investment transactions in the education industry in U.S. dollar and yuan in China from 1st half 2018 to 1st half 2020 (in billion yuan) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1185293/china-total-value-of-transactions-transactions-in-education-industry-by-currency/
EqualOcean. "Total value of investment transactions in the education industry in U.S. dollar and yuan in China from 1st half 2018 to 1st half 2020 (in billion yuan)." Chart. July 5, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1185293/china-total-value-of-transactions-transactions-in-education-industry-by-currency/
EqualOcean. (2020). Total value of investment transactions in the education industry in U.S. dollar and yuan in China from 1st half 2018 to 1st half 2020 (in billion yuan). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1185293/china-total-value-of-transactions-transactions-in-education-industry-by-currency/
EqualOcean. "Total Value of Investment Transactions in The Education Industry in U.S. Dollar and Yuan in China from 1st Half 2018 to 1st Half 2020 (in Billion Yuan)." Statista, Statista Inc., 5 Jul 2020, https://www.statista.com/statistics/1185293/china-total-value-of-transactions-transactions-in-education-industry-by-currency/
EqualOcean, Total value of investment transactions in the education industry in U.S. dollar and yuan in China from 1st half 2018 to 1st half 2020 (in billion yuan) Statista, https://www.statista.com/statistics/1185293/china-total-value-of-transactions-transactions-in-education-industry-by-currency/ (last visited July 22, 2024)
Total value of investment transactions in the education industry in U.S. dollar and yuan in China from 1st half 2018 to 1st half 2020 (in billion yuan) [Graph], EqualOcean, July 5, 2020. [Online]. Available: https://www.statista.com/statistics/1185293/china-total-value-of-transactions-transactions-in-education-industry-by-currency/