VIPKid’s Financial Muscle of Over $3 Billion? (Explosion of Online ESL Industry by End of 2019)

The Chinese-based online teaching service ‘VIPKID’ is reportedly in the final stages of a deal to raise approximately $500 million, at a valuation of more than $3 billion, by the end of 2019. VIPKID declared ‘cash sales’ to be at 3.54 billion yuan, approximately $500 million, as of 2017. This deal would see VIPKID’s value … Continue reading VIPKid’s Financial Muscle of Over $3 Billion? (Explosion of Online ESL Industry by End of 2019)