October 08 - 10:10
Edtech Riiid buys Langoo to expand into Japan
Riiid, an edtech startup from South Korea, has bought its distribution partner Langoo. The acquisition will allow Riiid to expand into Japan. Riiid's AI-powered app specialises in tutoring and has rapidly grown in popularity in the region. In May, the company raised $175m in new funding from SoftBank's Vision Fund 2. Japan is seen as one of the biggest education markets in the world.
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