Richard Lee
Beijing/Changsha (CHN)
Role(s):
Family English Network China
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Startup
Location:
Beijing/Changsha
Industry:
Internet
Description:
Family English Network China is very much like the Pearson acquired Family Education Network in the United States. But the unique difference is that Family English Network China targets almost every family with kids; for it is requried by the government that every child learn English from primary school to university (approximately there are about 250 million households in China). Students, parents, adults learners, schools, colleges, and universities will sign in initially for free membership. In this way, we can secure the clientel. With advertising revenue coming in, online sales of products, and potential e-learning for a fee, the internet portal could easily be the number 1 site in terms of traffic. Of course, the IPO will definitely make it one of the most profitable in the very near