Tencent scraps plan to invest $150 million in Chinese education firm VIPKid: sources

Goldman Sachs, Point72 and others invest $40 million in Mexico’s Credijusto
August 29, 2019
Micro Focus says most of sales shortfall will drop through to earnings
August 29, 2019
This post was originally published on this site

Tencent has shelved plans to invest about $150 million to lead a fresh fundraising round for a Chinese education firm VIPKid, two people familiar with the matter said, as Beijing moved to tighten oversight of online education platforms.