Chinese test-prep firm Wanxue Education nets $100m in Series D round

Chinese test-prep firm Wanxue Education nets $100m in Series D round

Photo: Patrick Tomasso/Unsplash

Chinese education services provider Wanxue Education has raised $100 million in a Series D round of financing led by Asian private equity firm ADV Partners, raising its stakes in serving the exponentially growing education demand in China.