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Legend Capital Invests $9.2M in Digital Tutoring Service Zhiyou Education's Series A Round

ZHIYOU EDUCATION Legend Capital has invested RMB60 million (US$9.2 million) in Beijing-based Zhiyou Education's Series A round, according to China Money Network. Zhiyou provides one-on-one tutoring services for K12 students through iPads. Zhiyou had previously received an undisclosed angel investment from Xueda Education at its founding, though the founding date was not disclosed. The founder of Zhiyou is a former executive of Xueda.

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