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QuantaSing set to bring Chinese education back to the US IPO market

January 19, 2023

This week, QuantaSing Group (QSG) is slated to complete the year's first US IPO from a Chinese company, in a deal led by Citigroup that would value it at $763 million. It should be the first US listing from a sizable Chinese education company in two years.

Backed by well-known VCs including Qiming Venture Partners and GGV Capital, QuantaSing offers online financial literacy and personal interest courses to adults in China. The company grew...

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