Woodpecker education has received another $20 million in financing, which is rare in the study abroad industry.
Woodpecker Education announced that it has obtained the strategic financing of $20 million from Oriental Harbor, which is another strategic financing for Woodpecker Education after last year's financing, and it is rare in the service industry for studying abroad.
The lead investor is Shan Bin, chairman of Shenzhen Oriental Harbor Investment Management Co., Ltd., who is known as "the most successful person to copy Buffett" and "the first of the four kings of private equity funds in China". This investment in woodpecker education is also his first time in the field of education.
But Bing said in an interview with China. Com understands that with the increasing demand for studying abroad, the corresponding study abroad industry is also in a period of rapid development and has broad market prospects. At present, the product systems of many overseas institutions in the industry are very different, which cannot meet the growing needs of students and parents. The reason why we choose to invest in woodpecker education is that we value its perfect product and service system and good reputation in the study abroad industry.
Chen Qiyong, founder and chairman of Woodpecker Education, also said that Woodpecker Education has been focusing on studying in the United States since its establishment in 2006, and has been intensively cultivated for many years, maintaining a healthy and good development trend. The success of this financing can be described as "icing on the cake" for woodpeckers. The funds will be mainly used for the construction of V Center, the improvement of product and service system and the recruitment of outstanding talents.
On the one hand, learning in the V era refers to the V center; On the other hand, it refers to VIP. V-center is a high-end, independent and open learning guidance center carefully built by Woodpecker Education Group. Member students complete the academic activities related to applying for and studying in famous American universities through overseas study training courses, Chinese and western tutors' guidance and independent learning. At present, the V-center Center opened in Guangzhou on September 20th, and will appear in Beijing and Shanghai in the future. VIP stands for woodpecker education and has always adhered to the concept of "student-centered". Every student is a VIP of woodpecker education, providing the best service for every student.
After successful financing, Woodpecker Education will improve its product and service system on the basis of existing 18 branches in Beijing, Shanghai and Guangzhou, so that students, parents and friends in major cities in China can get professional services provided by Woodpecker Education.