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Aggregated China Business Blogs
Venture Backed-51Talk Acquires Rival 91Waijiao
Aggregated Source: China Money Network
Beijing-based online English language education platform 51Talk has acquired rival 91Waijiao, according to 51Talk's CEO Huang Jiajia's official Weibo account. No specific transaction terms were disclosed. After the completion of the deal, 91Waijiao's platforms, users and staff will be absorbed into 51Talk. Founded in 2011, 51Talk received angel investment from Chinese angel investor Xu Xiaoping, […]


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