Everything You Need To Know About Yuanfudao
Yuanfudao is an online educational platform that s based in China. If you are familiar with the Indian company Byjus, then you will have a basic idea about this platform. These two platforms are almost the same. The only difference is that these companies are from different regions.
The company that backs this project is Tencent Holdings, which is a Chinese tech giant, and this is one of the reasons that the company was able to step into the unicorn family. In 2020, Yuanfudao raised money, and the valuation of the company was $7.5 billion at that time.
Company Overview
Here is the basic information about Yuanfudao.
Company Profile
| Company Name | Yuanfudao |
| Founded | March 2012 |
| Founders | ➼ Ke Shuai ➼ Yong Li ➼ Xin Li |
| Industry | Ed-tech |
| Type | Private |
| Headquarters | Beijing, China |
| Key People | CEO and Founder- Yong LiCo-founder- Xin Li and Ke ShunaiMachine Learning Engineer- Shen KeweiCMO- Song Huang |
| Area Served | China |
| Products | ➼ Zebra App ➼ Yuanfudao ➼ Little Ape Calculation ➼ Dolphin Self-study ➼ Pumpkin Science ➼ Ape Programming |
| Employee Number | 5,000 |
| Revenue | ~$500 Million (2019) |
| Website | www.yuanfudao.com |
Company Basic Information
Yuanfudao, established in 2012, is China’s largest online live course platform for primary and secondary school students. Yuanfudao provides a comprehensive curriculum that ranges from elementary school English and Mathematical Olympiad to all-subject secondary school courses with a paying user base of more than one million.
Students can take advantage of its one-of-a-kind online feature and a large pool of qualified tutors to receive live online tutoring at home from nationally renowned teachers, benefiting hundreds of thousands of students nationwide. The company’s main focus was to simplify education with the help of the internet. Also, they want to reach every household in China through their platform. And this was a new thing in the educational system.
Yuanfudao
Yuanfudao is currently the leading online education technology in China. There are several similar platforms worldwide, but Chinese people cannot access those platforms. And solving this problem was the first step in building this platform.
The company owns a number of online education products, including Yuanfudao, Zebra App, Little Ape Calculation, Pumpkin Science, Ape Programming, and Dolphin Self-study. These products offer users a variety of intelligent education services, including interactive online courses, intelligent exercises, and ability training, to assist students in systematically and effectively developing their knowledge and skills.
Online education with ape tutors is providing more Chinese students with an intelligent, convenient, and engaging learning environment. We are committed to providing every student in China with a high-quality, individualized education by utilizing technology to promote large-scale, individualized teaching.
Yuanfudo Technology
If you are interested in knowing the technologies that the platform uses. Here are the things you should know.
Yuanfudo Financial
Yuanfudo has raised money a couple of times. Here are the details of that. We are mentioning the notable ones here.
| Series | Date | Lead Investors | Number of Investors | Money Raised |
| B | 1 August 2013 | Matrix Partners China and IDG Capital | 2 | $7 Million |
| C | 22 July 2014 | – | 2 | $15 Million |
| D | 30 March 2015 | CMC Capital Group | 4 | $60 Million |
| Corporate Round | 1 July 2016 | Tencent | 1 | $40 Million |
| E | 31 May 2017 | Warburg Pincus | 2 | $120 Million |
| F | 26 December 2018 | Tencent | 4 | $300 Million |
| G | 31 March 2020 | Tencent and Hillhouse Capital Group | 4 | $1 Billion |
| G | 31 August 2020 | Tencent | 4 | $1.2 Billion |
| G | October 2020 | DST Global | 9 | $1 Billion |
| G | 24 December 2020 | YF Capital | 1 | $300 Million |
So far, there are a total of 8 major investors that back the company. And when it comes to the total number of investors, the number is 18. The company has some investments as well. Recently, it invested in the Spark Educational Group and helped them raise a $100 million fund. Here are the investments of the company.
| Organization Name | Date | Funding Round | Raised Amount |
| Spark Educational Group | 12 October 2020 | Series E, Spark Educational Group | $100 Million |
| Oda Class | 2 March 2020 | Seed Round, Oda Class | – |
| Magic Ears | 29 August 2017 | Venture Round, Magic Ears | $6 Million |
Yuanfudao Popularity
The company is quite popular in its niche, and currently, there are a total of 28 technologies that run their website. The data has been collected from BuiltWith. Of these 28 technologies, there are SPF, iPhone Mobile Compatible, and Meta.
On average, the company’s official website gets around 12,000 traffic. And the growth of the traffic is around 145%. So, it is pretty much huge. When it comes to different regions, here is the list.
| Country | Website Ranking | Monthly Visit Share | Monthly Visit Growth |
| China | 25,493 | 46% | 504.17% |
| United States | 1,304,527 | 28% | 49.2% |
| Hong Kong | 75,129 | 8% | 107.97% |
| Canada | 400,868 | 8% | – |
| Singapore | 181,712 | 4% | – |
Final Words
As far the information from different websites, we have got that Yuanfudao is pretty much famous in its country. Other than serving its services in China, the company also provides its services in the South East Asian countries as well. Other than this, the platform is also famous worldwide because of the reason that it entered the unicorn family when Tencent participated in the Series-G funding.
If you have any other queries regarding Yuanfudao, feel free to let us know in the comment section below. Also, the company has not published so much data on different websites, so we are unable to research more than this.
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Mashum Mollah is the feature writer of Search Engine Magazine and an SEO Analyst at Real Wealth Business. Over the last 3 years, He has successfully developed and implemented online marketing, SEO, and conversion campaigns for 50+ businesses of all sizes. He is the co-founder of Social Media Magazine.
