Chinese private equity firm JD Capital has agreed to invest RMB400 million (US$63 million) in Beijing-based O2O (online-to-offline) education platform Gaosi Education, according to a company announcement. Gaosi Education says it will use the proceeds on platform expansion and team building. JD Capital and Gaosi Education also says they plan to establish an education investment […]

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Chinese private equity firm JD Capital has agreed to invest RMB400 million (US$63 million) in Beijing-based O2O (online-to-offline) education platform Gaosi Education, according to a company announcement. Gaosi Education says it will use the proceeds on platform expansion and team building. JD Capital and Gaosi Education also says they plan to establish an education investment […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.