Growing demand in China for online US English tutors
Growing demand amongst Chinese parents for online tutors from the US is contributing to a growing market, which could double in value to $165bn in the next five years, according to banking group UBS. Online start-ups include Beijing-based VIPKid, which recruits American teachers to teach online classes to Chinese students. The company has grown to 200,000 students and has revenue projected to reach $765m this year. The company has set up a research institute to process the huge amounts of data gathered from the two million classes taught each month, to help improve their effectiveness.

Firms providing overseas internet tutors could share US$165-billion market in five years, says one research report, as parents look to give their children a head start