Asian Insider

Some edtech firms in China rebound after crackdown

A screen displaying a live-streaming session by tutoring corporation New Oriental at a trade fair in Beijing on Sept 1. PHOTO: REUTERS
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BEIJING - Following a clampdown on the educational technology industry last year to reduce inequality, e-tutoring companies that had profited hugely from parents wanting their children to shine have either folded or pivoted to other businesses like selling agricultural produce through live streaming.

Others are looking at ways to quietly restart operations given continued demand for such services, driven by flash Covid-19-linked lockdowns that have resulted in classes moving online.

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