HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

iHuman Inc. acquires two education apps for RMB94 million

Created at 31 May · 4:12 PM2 sources↑ Market-relevant2 events
IN SHORT

iHuman Inc. has acquired two education apps, All Knowledge and Perfect Lingo, for RMB94 million. This move is part of the company's strategy to expand its educational offerings.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

RMB94 millionacquisition cost for two education apps

Who's Involved

iHuman Inc.
Provider of tech-powered intellectual development products in China
All Knowledge
Business and assets acquired by iHuman Inc.
Perfect Lingo
Business and assets acquired by iHuman Inc.

↳ Why This Matters

iHuman Inc., a provider of tech-powered intellectual development products in China, has acquired two education apps, All Knowledge and Perfect Lingo, for RMB94 million. This acquisition is intended to expand the company's educational product portfolio and strengthen its market position.

Key facts

  • iHuman Inc. acquired two education apps, All Knowledge and Perfect Lingo.
  • The total acquisition cost was RMB94 million.
  • This acquisition is part of iHuman's strategy to expand its educational offerings.

iHuman Inc., a provider of tech-powered intellectual development products in China, has acquired two education apps, All Knowledge and Perfect Lingo, for RMB94 million. This acquisition is intended to expand the company's educational product portfolio and strengthen its market position.

Frequently asked questions

iHuman Inc. acquired two education apps, All Knowledge and Perfect Lingo.

The acquisition cost was RMB94 million.

The acquisition is part of iHuman's strategy to expand its educational offerings.

What Happens Next

01Completion of the asset transfer agreements.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

31 May · 4:09 PM
iHuman Inc. acquired two education apps, All Knowledge and Perfect Lingo, for RMB94 million.
Investing.com via PiQSuite
31 May · 4:03 PM
iHuman Inc. has entered into asset transfer agreements to acquire businesses and assets related to All Knowledge and Perfect Lingo.
PRN | All News Releases via PiQSuite

Sources

T1
iHuman Inc. Announces Acquisition of Businesses and Assets Related to All Knowledge and Perfect Lingom.piqsuite.com
T1
iHuman acquires two education apps for RMB94 millionm.piqsuite.com

Related Stories

37 killed in China shoe factory fire; unlicensed operation cited
9 Jul · 9:58 AM
Synergy One Lending to acquire Newrez's distributed retail mortgage operations
8 Jul · 9:05 PM
Natura's Q2 Revenue Declines 9-10% Amid Restructuring
8 Jul · 12:04 PM
Steadfast exclusivity period extended as US consortium reaffirms $5.3 billion bid
9 Jul · 12:19 AM
Dream Finders Homes raises Beazer Homes bid to $32, standstill terms become key
8 Jul · 9:55 PM