WeChat based online learning platform Qingke announced that it has received RMB 11 million (USD 1.6 million) in Series Pre-A funding, led by an investment fund called Ximalaya wenhua jijin on Tuesday.
All services take place within WeChat, China’s largest social media platform. It’s easy to use, with four steps: follow the Qingke Wechat account, select a course, pay for it, and learn.
It offers courses on English, job applications and overseas study.
It claims to have generated 500,000 followers ever since its launch in March. Among them 50,000 haved used free courses, and 3000 paid for their courses.
Qingke has transformed its format: previously, it was a WeChat-based speech platform where famous people gave 45-minute speeches and 30-minute interaction sessions with online listeners. The startup hosted more than 500 speeches and operated over 1,400 WeChat groups.
The startup abandoned the speech platform, because It was difficult to control the speech quality and many listeners had left.
The startup will use the new capital to expand their team and further develop their platform system.
“Qingke connects famous teachers and proactive learners, integrating high quality resources and a group style learning approach,” Qingke’s CEO Xiao Yiqun said.
(Top photo from Baidu Images)