Yuanfudao is a leading online education platform based in China. It provides a range of educational services, including live courses, homework help, and exam preparation, primarily targeting K-12 students. The platform uses artificial intelligence (AI) to enhance the learning experience and improve educational outcomes.

Yuanfudao operates in the booming edtech market in China, which has seen significant growth due to the increasing demand for online learning solutions. The company's business model revolves around offering freemium services, where basic access is free, but premium features, such as advanced courses and personalized tutoring, are paid.

The company generates revenue through the sale of these premium services. It has also received substantial funding from investors, including a recent $300 million round led by Tencent, demonstrating strong investor confidence in its business model and growth potential.

Yuanfudao has also been recognized for its innovative approach to education. It was awarded the "Oxford Technology Innovation Gold Partner" award by Oxford University Press, and it has partnered with popular TV show "The Strongest Brain" to offer a customized course for primary school students.

In summary, Yuanfudao is a well-funded and innovative player in the Chinese edtech market, offering a range of AI-enhanced educational services to K-12 students.

Keywords: Online Education, Edtech, K-12 Students, Artificial Intelligence, Freemium Services, Premium Services, Investor Funding, Innovation, Chinese Market, Live Courses.