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Chinese online math platform raises millions

VIPThink fundraising led by US-listed New Oriental as edtech sector heats up

BEIJING -- Guangzhou-based online math platform VIPThink raised "hundreds of millions of yuan" in its Series B financing, 36Kr reported Tuesday. 

U.S.-listed English training company New Oriental Education led this round while audio content platform Ximalaya, as well as venture capital firms DCM and Sinovation also joined in. 

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