作业帮 History Timeline and Biographies

作业帮, also known as Zuoyebang, is a Chinese educational technology company that provides online tutoring and homework assistance. Founded in 2015, it has rapidly grown to become one of China's leading platforms for students seeking academic support. The company leverages artificial intelligence and a vast database of educational resources to help students with their homework and learning needs, making it a popular choice among parents and students alike.

Creation Time:2024-07-24

2015

Foundation of 作业帮

作业帮 was founded in 2015 by a group of entrepreneurs including Li Yongxin. The platform aimed to provide homework assistance and educational resources for students in China, filling a gap in the market for affordable and accessible tutoring solutions.
2016

Launch of Mobile App

In 2016, 作业帮 launched its mobile application, allowing students to access homework help anytime and anywhere. The app featured a range of tools, including image recognition technology to solve math problems and provide instant solutions.
2017

Expansion of Services

作业帮 expanded its services in 2017 by introducing live tutoring sessions and a wider array of subjects, catering to students from primary to high school levels. This move significantly increased its user base and engagement.
2018

Series D Funding Round

In 2018, 作业帮 raised $300 million in a Series D funding round led by Tencent and other investors. This funding was aimed at enhancing its technology and expanding its educational offerings, solidifying its position in the edtech market.
2019

Introduction of AI Features

作业帮 introduced advanced AI features in 2019, including personalized learning paths and adaptive learning technologies. These innovations helped tailor educational content to individual student needs, improving learning outcomes.
2020

Impact of COVID-19 Pandemic

During the COVID-19 pandemic in 2020, 作业帮 experienced a surge in demand as schools shifted to online learning. The platform provided free resources and support to millions of students, reinforcing its role as a key player in the online education sector.
2021

Launch of New Features and Content

In 2021, 作业帮 launched new features, including video lectures and interactive quizzes. The platform also expanded its content library, offering a wider variety of subjects and learning materials to enhance student engagement.
2022

Partnership with Educational Institutions

作业帮 established partnerships with various educational institutions in 2022 to integrate its resources into school curriculums. This collaboration aimed to provide a blended learning experience, combining traditional education with online support.
2023

Acquisition of Competitors

In 2023, 作业帮 acquired several smaller educational startups to enhance its technology and service offerings. This strategic move aimed to consolidate its market position and expand its reach among students and parents.
2024

Global Expansion Plans

作业帮 announced plans for global expansion in 2024, aiming to reach international markets with its innovative educational solutions. The company seeks to adapt its platform to meet the needs of students outside China, leveraging its successful model.
2024

Introduction of Subscription Model

In 2024, 作业帮 introduced a subscription model that allows users to access premium content and personalized tutoring services at a competitive price. This model aims to provide more value to users while ensuring sustainable revenue growth for the company.
2024

Focus on STEM Education

作业帮 announced a renewed focus on STEM (Science, Technology, Engineering, and Mathematics) education in 2024, launching specialized programs and resources to enhance students' skills in these critical areas, aligning with global educational trends.
2024

Community Engagement Initiatives

作业帮 rolled out community engagement initiatives in 2024, aiming to support underprivileged students with free resources and tutoring. This initiative reflects the company's commitment to social responsibility and educational equity.
2024

Recognition and Awards

作业帮 received multiple awards in 2024 for its innovative educational solutions and contributions to online learning. The recognition underscores the company's impact on the education technology landscape in China and beyond.
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