新型冠狀病毒

Coronavirus proves a bonanza for Asia edtech start-ups

The coronavirus outbreak has been a bonanza for Asian online education companies as hundreds of millions of students have been prevented from attending school.

In India, mainland China, Hong Kong and more broadly in the region, education’s shift online has swollen students’ digital enrolments, propelled share prices higher and boosted the capital available to “edtech” start-ups seeking to expand.

Demand has been so intense that one Chinese provider, Yuanfudao, suffered a two-hour system crash last month after 5m people took up its offer of free live courses, the company said.

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