Warburg Pincus leads $255m Series D round in China's English tutoring platform DaDa

Photo: unsplash.com

Global private equity firm Warburg Pincus has led a $255-million Series D round in China’s online English tutoring platform DaDa, formerly DaDaABC, Chinese media outlet Jiemian reported.

Existing investors TAL Education Company, an education and technology firm listed on the New York Stock Exchange, and Yonghua Capital, also participated in the round.

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