Highest valued EduTech unicorn companies in China 2021
As of September 2021, the highest valued Chinese unicorn company in the field of educational technology was Yuanfudao with a market valuation of around 15.5 billion U.S. dollars. A unicorn company is a privately owned startup that has a market valuation of one billion U.S. dollars or more. Once a company has gone public (IPO) or has been acquired it is no longer termed a unicorn.