Published: 7:03am, 7 Feb, 2019 Updated: 7:02am, 7 Feb, 2019
Chinese gaming company NetDragon interactive is focusing its attention on the country 's online education market , expected to be worth $ 64bn next year . The Fuzhou - based firm recently acquired two education technology corporations , the UK 's Promethean for $ 130 m and US - based Edmodo for $ 137.5 ##m . It has also invested CNY3bn ( $ 444.8 m ) in the 400-hectare Binhai Education Village to create an educational technology hub . NetDragon 's digital teaching tool , net Education PPT , was launched via its app Huaya Education . It is currently offered to schools on a business - to - business model and NetDragon intends to sell the tool directly to students and parents in the future .