HuJiang
Hujiang is a Shanghai-based online education platform. It sells language-learning and exam-prep courses to consumers, from K-12 students to working professionals.
Hujiang runs Hujiang Online School , with courses in 13 foreign languages, exam prep, study abroad and workplace skills. It also runs the CCtalk live-teaching platform, which lets third-party educators sell courses, and it makes a vocabulary app. Founded in 2001 as a student English forum, it became a direct-to-consumer course business that earns most of its revenue from its own paid courses. It reported 2017 revenue of about RMB 555M, a net loss of RMB 537M and 170M registered users. It has raised roughly $187M–$303M, depending on the source, including a $157M Series D in 2015, and it filed for a Hong Kong IPO in 2018. Its filing said it applies big-data analytics and AI algorithms to learner behavior.
