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HANGZHOU cheap nike air max 90 glow , Feb. 17 (Xinhua) -- Chinese online shopping business Alibaba on Monday announced it has invested in TutorGroup, a leading online education platform and largest English-language learning institution in the world. Alibaba, Singapore investment company Temasek and Qiming Venture Partners have invested nearly 100 million U.S. dollars in TutorGroup, Alibaba said in a statement. Alibaba did not reveal details on its investment or stake in TutorGroup. TutorGroup said in a separate statement that it plans to use the funding to accelerate further growth across Asia, and also expand its presence in the Americas. "Our rapid growth in Asia over the last 10 years has confirmed that students prefer to learn on our platform. There is still a massive audience of potential English language learners that have not yet been exposed to VIPABC and TutorABC," said Dr. Eric Yang, CEO of TutorGroup. "We also plan to better address the growing Chinese language learning market in North and South America by offering students an opportunity to learn on TutorMing cheap nike air max 90 mid no sew , our Mandarin Chinese education platform," Yang said. TutorGroup offers online language-learning courses, such as TutorABC and VIPABC, for students in the greater China region. TutorABC Jr. is for English language learning students between the ages of 8 and 18. TutorMing is for Chinese language learners internationally. TutorGroup, which was launched in 2004, has offices throughout Asia and a R&D team in Silicon Valley. It connects online learners and teachers around the world. With more than 2,000 teachers in 30 countries and 60 cities cheap nike air max 90 american flag , it provides real-time interactive language learning through millions of classes annually. The investment is an indication of Alibaba's interest in the online education sector. It has launched its own online education platform xue.taobao. Through investment and acquisitions, Alibaba has made inroads in various sectors, including microblogging, music, mobile gaming, fund management and digital mapping. The 2014 national graduate school entrance examination, which took place over the weekend cheap nike air max 90 off white , saw a drop in the number of candidates this year. Admission officials said the end of tuition-free postgraduate courses might be behind the decline in numbers. The Ministry of Education said on Saturday that 1.72 million people participated in this year's examination, a decline of 40,000 from last year. It was the first drop in five years. According to the Beijing Education Examinations Authority, about 250,000 people applied for universities in Beijing in 2014, a drop of 7.85 percent compared with 2013. Fewer candidates take graduate entrance test This year is the first in which free postgraduate education has been replaced with university scholarships, and the first with no age restrictions on entry. In the past cheap nike air max 90 se , the Ministry of Education's enrollment guide on graduate exam registration stated that, in general, applicants should be younger than 40, although there was no age limit for those willing to pay for their own tuition. The director of the graduate admissions office at China University of Political Science and Law, who identified himself only as Li, said the tuition policy change means students may need to pay their tuition themselves if they do not win a university scholarship, but that getting a scholarship isn't difficult for good students. "It may seem to be a financial burden for some students cheap nike air max 90 mesh ," he said. "But in fact, the university provides substantial scholarships for those getting good grades in the entrance exam. There is no big difference compared with previous years. Some students may misunderstand the policy, so they didn't take the exams." Li said another reason for the decline is that the media reported in May that students that graduate from universities in the capital with a master's degree need to be younger than 27 years old to apply for a Beijing hukou, or permanent residency. "Previously, getting a Beijing hukou by obtaining a master's degree here was a big incentive," he said. "Now, the age limits may disappoint some of those reaching or older than 27 cheap nike air max 90 essential , although no official regulation has come out yet." Li said that about 8,000 candidates applied for admission at his university in 2014. The figure was about 1,000 fewer than last year. The number of candidates older than 40 shows no significant increase. Chongqing Daily reported on Saturday that among the city's 38,000 candidates this year, about 100 candidates are older than 40. "We do have people close to 40 years old applying for our university this year," Li said. "But just a few." Cheng Yue from Haitian Education, one of the most popular private training centers for graduate entrance examinations cheap nike air max 90 og , said that even without the age limit, "getting admitted by a good university is still no easy task for people older than 40 years old". "A major reason is that many among this age group do not have a bachelor's degree. This means the university they applied to needs to hold additional examinations for them, including oral English and major courses. And this makes getting admitted even harder for them." Cheng said he has not received any inquiries from students older than 40 this year. Cai Yongming, director of the graduate admissions office at the University of International Business and Economics, told China Daily that UIBE has people older than 40 applying this year, but the office did not have specific numbers. "Usually, students who are in their mid- to late 30s want to get into our university for a master's degree for MBA and MPA cheap nike air max 90 premium ," he said. "Their working experiences, especially some entrepreneurs' experiences, can be nicely combined with the MBA and MPA courses." Cai also said that personally, he welcomes students over 40 to study at the university, TOKYO -- Tokyo shares erased losses. Cheap Celtics Jerseys Cheap Cavaliers Jerseys Cheap Bulls Jerseys Cheap Bucks Jerseys Wholesale Thunder Jerseys Wholesale Wizards Jerseys Wholesale Warriors Jerseys Wholesale Suns Jerseys Wholesale Spurs Jerseys Wholesale Kings Jerseys |
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