| Founded | 2011 |
|---|---|
| Closed | 2021 |
| Country | China |
| Sector | Edtech |
| Collapse type | Silent Shutdown |
17Zuoye
"One regulatory announcement in July 2021 destroyed 17Zuoye and its $350M investment overnight — the Chinese government banned for-profit K-12 tutoring and ended an entire sector"
Quiet closure with no public announcement
Key Events Timeline
17Zuoye ("One Finger Homework") built a homework help and online tutoring app for Chinese K-12 students, growing to over 50 million users.
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