Comment on Big Chinese Internet Companies Busy Building Online Education Platforms by online essay service

['Tracey Xiang', 'More Tracey Xiang', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2013-08-29 00:00:00

While local startups are building online education services by modeling western ones or improving the must-criticized existing education system in China (they have raised so much money in the past half a year alone), local Internet giants are building platforms to accommodate all of them. Nobody would feel surprised at the launch of a marketplace for selling online courses or offline events recently but wonder what took it so long. Eric He, YY’s CFO, estimated YY Education could generate revenues in two years during Q2 2013 earnings conference call. NeteaseWilliam Ding, CEO of NetEase, has been bullish on online education. 91, one of the leading app distributors in China that is acquired by Baidu, has built a platform, 91UP, for educational apps and online courses.