Source: China – South China Morning PostIt’s no secret by now that 2020 was a good year for online education. Helped by widening lockdowns, China’s educational technology (edtech) market has grown 118 per cent from US$22 billion in 2018 to US$48 billion in 2020.Such growth is impressive but facilitated by the temporary shock of the Covid-19 pandemic as well as user acquisition measures like free subscriptions. With these offers now expired, schools reopened, and new regulations on live tutoring, many companies are not expecting their…Read More