PPLingo Pte. Ltd.
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PPLingo Pte. Ltd. - overview
Established
2017
Location
Singapore, -, Singapore
Primary Industry
Education/Training
About
Based in Singapore, and founded in 2017 by its CEO, Hugh Yao, PPLingo Pte. Ltd. , trading as LingoAce, operates as a provider of an online education platform. In December 2021, PPLingo Pte.
Ltd. raised USD 105 million in series C funding led by Sequoia Capital, with Shunwei Capital Partners and Owl Ventures. The company has a team of more than 1,300 LingoAcres and 4,000 teachers and serves students across 100 countries. PPLingo Pte.
Ltd. offers traditional passive language teaching. The company offers different programs, such as the Preschool program for early learners to spark their interest in and love for the Mandarin Chinese language; the Advanced Program emphasizes advanced language application skills and fosters critical thinking; the International Program is based on globally recognized Mandarin Chinese learning materials; the Discovery Program assists in increasing vocabulary and improving the accuracy and coherence of Mandarin Chinese oral expression; and the Foundation Program focuses on everyday Mandarin Chinese use. The company generates revenue through Chinese and english language classes starting at USD 15 per class, with different class packages.
PPLingo Pte. Ltd. will use the series C funding to develop new English language programs and explore other subjects to meet the continuing demand for education globally.
Current Investors
Decent Capital, Shunwei Capital, Hong Shan
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Education & Training Website, Education & Training Software
Website
www.lingoace.com
Verticals
EdTech, Mobile Apps
Company Stage
Series C
Total Amount Raised
Subscriber access only
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