Prey To Their Own Success, Crashing Chinese ‘TutorTech’ Unicorns Prove The Model’s Global Value

On August 7, Beijing morning, VIPKid briefed its native English teaching community. Chinese students would be able to schedule any session already paid for. Teachers incomes will not dry up right away as long-term prepayment is fairly common. But going forward, the unicorn’s China business unit will not be able to operate abroad. In many […]

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