China Overtakes America's Lead in Online EdTech Companies
Fast Growing EdTech Company, DaDaABC from China, Becomes the Industry Leader
SAN FRANCISCO, April 12, 2017 /PRNewswire/ -- In recent years, China and America's start-up companies have been equally competitive to one another. Specially in EdTech industry, China's online education companies have gone beyond those of the same kind in the United States in globalization and commercialization.
DaDaABC, a Chinese EdTech company, has become an icon in online education industry. Founded in 2013 with headquarters in Shanghai, China, DaDaABC was the first Internet enterprise in China to offer online English courses for children. Despite DaDaABC having been in operations for less than 5 years, however, the company has shown remarkable results in all aspects.
DaDaABC's revenue each month is close to RMB 100 Million, which indicates DaDaABC's leading position in the industry. In comparison, some American online education companies are still exploring the business model rather than making money.
DaDaABC's monthly revenue continues growing at 30%. "The growth is not only from China, but we also have overseas students from 22 countries, and the footprint will keep expanding," said Hui Zhi. "We aim to become the best global online English training company in the near future."
As an entrepreneur and a mom, Hui Zhi clearly knows her ambition. Previously a Marketing Director at Jiayuan.com International Ltd, operator of the largest online dating platform in China, Hui is now leading DaDaABC, with thousands of employees, along with ten thousand English instructors, beyond its current role as the leading China online education company, and into the international market.
Despite DaDaABC being based in China, its student users, children from 5 to 16 years old, are all over the world. Currently, DaDaABC has more than 1 million students registered, taught by, moreover, thousands of native English speakers from United Kingdom, United States, Canada, Australia, New Zealand serving as qualified DaDaABC instructors, the majority of whom work remotely from home or all over the world. Hui Zhi said, "The instructors are able to know more about China and Chinese culture through talking to students in class. At the same time, they enjoy the benefits of working remotely with flexible hours."
Each night, 100,000 online one-on-one classes take place through DaDaABC's platform. DaDaABC uses its innovative two-way video classroom and its powerful global network to ensure all courses can be successfully completed. Although other EdTech competitors have emerged, imitating DaDaABC's innovative education format, the company has the first-mover advantage and has generated great reputation among parents, students, and instructors.
Richard, a DaDaABC instructor from Chicago, Illinois, has been working at DaDaABC for three years, and he said that DaDaABC not only offers him a job, but also makes him feel amazing about life.
Richard said, more and more companies compete in the market now. However, only at DaDaABC are instructors and students paired from the beginning, so they are more likely to develop friendships in the long term.
"The company treats instructors with respect and sincerity, and $3,000 per month perfectly meets my expectation for a part time job," said Richard.
Emma, another instructor from DaDaABC, expressed her passion to her experience with DaDaABC. "I definitely love children, and I'm a mom myself. I had never thought I could get a job before joining DaDaABC since I have a two little kids at home. DaDaABC offered me free training classes and I became a certificated English instructor. Thanks to DaDaABC, I have a flexible working schedule while taking care of my three-year-olds."
About DaDaABC
Founded in 2013, DaDaABC is the most innovative English training institution in China, and was established to provide what has become one of China's most successful intelligent English learning platforms for children. Winner of over 15 awards and recognitions in 2016, DaDaABC developed a leading English training system focused on one-on-one online tutoring and encourage youngsters to learn and practice while having fun with instructors, and announced a total capital raising of 500 million RMB in Series B and Series B+, which will be used in market expansion, curriculum development and learning experience improvement. DaDaABC has been helping students from Mainland China, Hong Kong, Taiwan, South Korea, Japan, France, Germany, and other non-English speaking countries. For more information, please visit http://www.dadaabc.com/teacher/job.
SOURCE DaDaABC
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