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Looking to Grow in China? 3 Lessons for U.S. Edtech Companies

Edsurge

China-based edtech companies raked in more than $1 billion in investment in 2015, or 37 percent of global funding for the year. Asia has the world’s highest regional growth rate for e-learning, and an e-learning market projected to be worth $12.1 Still, companies looking to do business in China face a “tangle of issues.”.

Company 74
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Once Worth $3B, Online Tutoring Giant VIPKid Will End Flagship Program in China

Edsurge

The announcement, which first appeared on the company’s online teacher portal on Oct. Started in 2013, VIPKid mostly hosts live, one-on-one language lessons between native English speakers, many of whom are American, and children in China. The e-card templates VIPKid created for teachers to tell their Chinese students goodbye.

E-rate 169
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Mission (Almost) Accomplished: Nonprofit EducationSuperHighway Prepares to Sunset

Edsurge

District technology leaders, she adds, couldn’t fathom that internet service providers would come out and deliver fiber to their schools, much less at affordable rates. The median cost of internet access has gone down dramatically as well, from $22 per Mbps in 2013 to $3.26 He wanted something different, something meaningful.

Broadband 107
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Out of poverty, into the middle class

The Hechinger Report

Middle school: h-a-t-e-d it. But a national survey indicates this optimism may be misplaced: Just 16 percent of college instructors rated incoming students as “well” or “very well” prepared for college-level work, according to the 2015 study by ACT, the creators of the standardized college entrance exam. School just isn’t for me.

E-rate 97
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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

You can read the series here: 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019. Without revenue the company will go away. Or the company will have to start charging for the software. Boundless’s materials have been archived by David Wiley’s company Lumen Learning. And “free” doesn’t last.

Pearson 145
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Hack Education Weekly News

Hack Education

Via The Chicago Tribune : “ Chance the Rapper writes $1 million check to CPS as a ‘call to action’ ” “The History of the Future of E-rate ” by me. Via GeekWire : “ Amazon Education GM leaves; company says it ‘remains committed’ to K–12 technology.”