2014-01-27
Matrix-Backed Babytree Receives $23.5M Investment From TAL Education
Beijing-based Chinese after-school tutoring services firm TAL Education Group says it has acquired a minority stake of Chinese pregnancy and parenting portal operator Babytree Inc. for $23.5 million, according to a joint announcement. Founded in 2007, Beijing-based Babytree operates Babytree.com and related mobile apps. "(Babytree) will help us gain insight into early childhood development and […]
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