EdTech IPOs Begin To Shift From Chinese- To U.S-Based Companies

In a year when IPO deal volumes are hitting record highs, edtech is in the spotlight — particularly this past week.

This week saw language-learning platform Duolingo, along with K-12 edtech company PowerSchool go public, following edtech software company Instructure’s IPO last week. Chinese online tutoring platform Zhangmen also had an IPO last month while Coursera’s public debut was back in March. In other words, it’s been a banner year for U.S.-based edtech companies to go public, after China-based edtech companies have dominated the U.S. IPO market in recent years. READ MORE