China's online education market revenue hit US$ 6.64 billion in Q1 2017
With increasing prosperity in China, the demand for education is rising and Chinese parents devote a large share of their income to equipping their children for the future.
This has led to huge growth in China's online education market. Its revenue reached RMB $45.84 billion in the first quarter of 2017, a year-on-year increase of 65%.
The number of monthly active users of online education platforms is estimated to be 170 million for children's education, 95 million for foreign language learning and 45 million for professional education.
Based on the material of our partner Ashley Galina Dudarenok, Founder and managing director Alarice International, Founder Chozan Enterpreneur.
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