EGROUP BUYS STAKE IN SOUTH KOREAN EDUCATOR

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The privatelyheld education company Egroup has acquired a 15 per cent stake in Minischool in South Korea, which will drive its efforts to create a modern education ecosystem in Vietnam and gradually break into promising regional markets. Egroup is expected to promote the training of English, mathematics, and logical thinking not only to highpaying learners (oneonone study sessions), but also to regular classes in Vietnam. "Egroup and Minischool will jointly build and develop technology platforms for training that are best suited to Vietnamese learners and the two companies' target markets," said Mr. Nguyen Ngoc Thuy, Chairman of Egroup. This is the first outbound investment venture by Egroup and gives it a seat on Minischool's Board of Management. Minischool specializes in establishing modern education platforms that allow unlimited connections between qualified lecturers and learners around the globe.