The epidemic at the beginning of the year did not have a executive list major impact on the online education industry, but instead made more parents and executive list students accept the form of online courses. On March 31, 2020, Yuanfudao announced the completion of the G round of financing of US$1 billion. In just 8 years, how did this unicorn company develop so rapidly and be loved by users? This article will analyze from eight aspects. As of January 2020, Yuanfudao had more than 400 million cumulative users, and on March 31, 2020,
It completed a billion Series G financing, which is executive list the largest financing in the education industry so far. At the same time, practitioners in the industry revealed that the revenue of Yuanfudao in 2019 was between 3 billion and 4 billion, and the renewal fee for primary school age groups was more than 80%. In addition, the insider also said that Yuanfudao’s internal revenue target executive list for this year is more than 10 billion. If this goal is achieved, Yuanfudao may become the company with the highest income in the online education industry.
With the addition of new technology and big data, the executive list interactive form of online learning has been continuously upgraded, and students' sense of executive list immersion and participation in the learning process has been enhanced. More and more parents and students can receive online education. So on the K12 online education track, how did Yuanfudao develop step by step to become a unicorn on this track and achieve today's industry status? And what kind of product advantages .