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New Oriental-Backed Education Firm RoboRobo Sold To Chinese Printing Company
Aggregated Source: China Money Network
roboroboShenzhen-listed Beijing Shengtong Printing Co., Ltd. has agreed to acquire Chinese educational robot school operator RoboRobo Education, backed by New Oriental Education & Technology Group Inc. and Zhen Fund, for RMB430 million (US$62 million). The Chinese printing company said in a disclosure filing that it would acquire 100% of RoboRobo Education for RMB30 million in […]

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