Chi­nese ed­u­ca­tion gains in in­ter­na­tional mar­kets

The Phnom Penh Post - - BUSINESS -

CHI­NESE ed­u­ca­tion ser­vice provider Eler­nity, a sub­sidiary of Chi­nese gam­ing com­pany NetDragon Web­soft Hold­ings Ltd, said on Tues­day it has gained mo­men­tum in for­eign mar­kets, driven by over­seas ac­qui­si­tion and co­op­er­a­tion. NetDragon CEO Xiong Li said the com­pany’s busi­ness has ex­panded to 192 coun­tries and re­gions, with more than 100 mil­lion users and 12 mil­lion teach­ers us­ing its prod­ucts. “Our over­seas busi­ness is mainly through merg­ers and ac­qui­si­tions. With M&As, our busi­ness soon ex­panded to many coun­tries across the world,” Xiong said dur­ing this year’s Global Ed­u­ca­tion Sum­mit, an event held by TAL Ed­u­ca­tion Group.

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