SPAC mergers

Structure of Chinese education mega deals reflect IPO exit anxiety

Accelerated adoption for online education is pushing demand for virtual tutoring services amid school closures. While IPOs are practically out of the question, investors look for alternative methods to tap the opportunity.

Education is all the rage right now. Especially as parents wrack their brains on how to keep their children in check while schools throughout the world remain closed. As such, investors are now betting big on this captive marketplace.

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