Education is a key ingredient in bridging the gap between the known and unknown. With the advent of the internet, it has become easier to find information and amass knowledge.
Combining education and the Internet is the online education sector. This sector is a booming one in China, home to the world’s largest population.
Revenue from the Chinese online education market reached RMB 251.8 billion (US$35.6 billion) in 2018, and it is expected to grow to RMB 543.4 billion in the following three to five years, translating to a growth rate of 16% to 24%. The development of technology and the acceptance of online training courses will underpin the growth of the Chinese online education industry.
The online penetration rate