Million education financing for the first time to introduce Baidu

Recently, there have been tens of millions of financing events in the education industry. However, the financiers are not currently the hot Internet educational institutions, but come from the traditional education and training field --- Wanxue Education Group, the parent company of Haven Kaoyan. It is reported that the financing led by Baidu, awe-inspiring capital and education on a round of investor DCM with vote. This is also the third round of financing for Wanxiao Education following the financing in 2008 and 2011 (the first two rounds were 20 million U.S. dollars).

As the first time the financier introduced one of Baidu Baidu, making the event a lot of attention. Sources close to Baidu said that Baidu's investment in Wanhua Education will speed up O2O deployment and support from traffic and technology to cut into education. The investment Wanhua Education is not long ago a public speech on the speech Li Yanhong investment and education once again verified, coupled with the acquisition has been confirmed that the investment network and downtown investment "scandal" of the Shanghai Network, intellectual network, the decision network, Baidu The layout of online education in the field of O2O is increasingly clear.

Information shows that Wanxue Education was established in 2006, and at the beginning of its establishment, it won millions of dollars in angel financing and acquired the industry's old educational institution, Haven Kaoyan. Now Haimen Kaoyan has achieved the largest scale in Kaoyan training. However, the other similarly-educated education company Golden Path, another civil servant training institution, did not show particularly strong influence in the industry. Later, Wan education business also extended to the field of career planning students, and a separate division.

As for the specific amount of financing, Qiang Zhang, vice president and co-founder of Wanxue Education, did not disclose it when interviewed by Beijing Commercial Daily. However, he said that "the money has already arrived, certainly more than the previous round." Zhang Qiang said that post-financing Wanhua education will build an O2O-based education system, upgrade and promote the intelligent matrix learning system so as to realize the deep integration of computers, the Internet and the optimal learning model and break through the current offline and online education A number of teaching bottlenecks. At the same time, Baidu's powerful traffic and technology advantages will be incorporated into Wanhua Education. At present, Baidu has launched the third-level domain name as the entrance to Wanhua Education Flow, and renamed the page as Baidu Education Wanhua Education jointly test the Kaoyan Super Intelligent Cloud Learning Course .

From the trajectory of the development of education million, the capital-driven traces of more obvious, so million education has repeatedly put on the listing plan, Zhang Qiang in Beijing in 2012 to accept the interview, said Beijing will go to the United States listed as the goal Today, Zhang Qiang once again said that he will force the field of online education, combined with the company's Kaoyan, civil servants and students vocational education to the Internet transformation, and plans to go to the United States in two years listed.

Beijing Commercial Daily reporter Li Lixun