Genesis, Warburg-backed Chinese edtech firm Zhangmen files for US IPO

Genesis, Warburg-backed Chinese edtech firm Zhangmen files for US IPO

China’s Zhangmen Education, which is backed by Genesis Capital and Warburg Pincus, has filed for an initial public offering (IPO) to list on the New York Stock Exchange (NYSE) as Beijing tightens scrutiny on the country’s booming private tutoring industry.

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