EEO, owner of ClassIn, buys 100% stake in Beijing-based virtual labs developer NOBOOK
2021-07-04 11:48:49

EEO, a Beijing-based online classroom solutions provider, announced to buy 100% stake in NOBOOK, a company focusing on STEM education. Financial terms were not disclosed.

Founded in 2008, Beijing-based NOBOOK provides elementary and middle school teachers with teaching and assessment tools, including virtual labs covering subjects like physics, chemistry and biology. The company also provides access to private tutoring centers and other institutions.

NOBOOK’s website shows that more than 17,000 schools and 2,000 learning service providers have used the its services. It has also expanded into five countries and regions beyond China.

According to Crunchbase, NOBOOK has raised a total of RMB18 million in funding over 2 rounds, with TAL as one of its two backers. 

As the buyer, EEO, a company founded in 2014 and launched its online classroom product ClassIn in 2015, focuses on supporting online teaching process in China and abroad.

EEO said ClassIn has served more than 20 million students and educators, as well as 60,000 schools and colleges across 150 countries. Its clients also include leading Chinese education companies, such as New Oriental and TAL, as well as international companies like Udacity and Pearson.

ClassIn and NOBOOK will jointly create a learning space that connects online and offline, before and after class, and inside and outside school, said Song Junbo, EEO founder and CEO, in a statement.

 


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