M&A Deal Summary |
|
|---|---|
| Date | 2020-01-13 |
| Target | Proud Kids Online English Education |
| Sector | Internet Software and Services |
| Buyer(s) | UMeWorld |
| Deal Type | Add-on Acquisition |
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UMeWorld Ltd. is an educational technology company and a visionary player in the online educational landscape in China. UMFun, K-12 flagship product, is a cloud-based assessment and learning analytics platform that can intelligently analyze and adapt to a student's performance and personalizes the delivery of proprietary educational items in accordance with their individual learning needs. UMFun is made available to Chinese K-12 students through China Mobile, the world's largest mobile service provider by network scale and subscriber base, serving over 887 million customers.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: China M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |