In the past, online education "unicorn" relied on AI to go to the sea, and it was to quietly IPO

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“Science and Technology Board Daily” April 25th (Reporter Chen Mei)Today, it is reported that the operational gang has applied for the first public offering of the United States (IPO) in the United States in a confidential way.

In 2021, the assignment gang had reported the news of “listing in the United States”, but the plan stopped abruptly, and then business adjustments such as layoffs also appeared.

After several years, today’s homework helped bring AI education business to restart the process of listing in the United States.It can be said that under the wave of generation AI, online education companies have new hope.

In the past, unicorn started AI to go to sea

Cai Lianzhong opened-Personal Data shows that the operation gang has experienced 6 rounds of financing. Sequoia China, Jiyuan Capital, Old Global Fund, SoftBank Vision Fund, and Qatar Investment Bureau are all investors, and their cumulative financingOver $ 3.4 billion, it was a veritable unicorn at that time.

In only 2020, the operation gang raised 1.6 billion US dollars in one fell swoop, becoming the most “gold absorption” online education company in the track at that time.

Some investors recall: At that time, the competition for online education was fierce. The “homework gangs” held a lot of cash and participated in the market from incremental to the competition of stock.”Except for the homework gang, most of the online education companies such as VIP KID now go to overseas ‘volumes’.”

“Science and Technology Board Daily” reporter noticed that the assignment helped to restart the IPO plan to the United States, or it was related to its AI education application software Question.ai.

The equity penetration shows that the company affiliated to Question.ai is D3 Dimension Technology Pte. LTD.D3 Dimension Technology is S $ 10,000 and the number of shares is 10,000.

In the column of executive information, Wang Gang, Li Boyang, and Hou Jianbin are Director (Director), and Shen Jun is a secretary.

In the above executives, Hou Jianbin seemed particularly prominent.The resume shows that Hou Jianbin was the founder of the operation gang. He joined Baidu in 2004 and was the first batch of PMs in Baidu at that time. In early 2014, Hou Jianbin, then the person in charge of Baidu’s knowledge search, hatched the operation gang project;In the month, the homework helped split independently, and Hou Jianbin became CEO.

Like Hou Jianbin, Li Boyang is also the core figure of the gang.The latter is the vice president of technology in the assignment gang, Not only participated in the technological development of the operation gang, but also formulated an international strategy.Question.ai is an overseas AI education application product of the operation gang. Li Boyang is one of the behind -the -scenes promotion and operators.

The news shows that after going to the sea, Question.ai has succeeded in North America and Indonesia, and the active users have reached 2 million.”Science and Technology Board Daily” reporter saw on its official website that Question.ai is a “Q & A and Assistant Assistant”. Students can solve the problem of homework through scanning, involving subjects covering mathematics, history, biology, English, physics, chemistry, etc.

Apply for an IPO by confidentiality

Unlike other companies to go public in the United States, the assignment is exploded to apply for an IPO in a “confidential way”.

Why apply for an IPO by confidentiality?An investor said in an interview with the reporter of “Science and Technology Daily” that this may stem from the assignment gang that there are some key information that does not want to be understood by competitors, but must also disclose to the regulatory agency.“This information includes the main product introduction and business, as well as the recent and long -term goals, and the manager’s explanation of the company’s recent operation.”

Although Question.ai has a high record of going to sea, it is facing fierce competition.Statistics from a number of third -party institutions show that after the question.ai ranking is after the similar AI educational app Gauth launched by byte beating.

The official website shows that GAUTH’s discipline covers is more complete. In addition to the above disciplines covered by Question.ai, there are also economics, micro -points, statistics, literature, social sciences, etc.In terms of product form, GAUTH is a search type, and Question.ai is the same as Kimi to a chat dialog.

The above -mentioned investors said that the competitors of Question.ai, or not only GAUTH incubated by domestic giant bytes, but also overseas local entrepreneurial companies.”AI education is currently a relatively popular direction overseas. This is the way out of such enterprises to help such companies, and it has also become a challenge because of fierce competition.”

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