Changingedu: Changingedu raises $55M

As part of its D funding round Shanghai-based education online-to-offline (O2O) operator Changingedu has raised $55 million from NYSE-listed Chinese education firm TAL Education Group, according to a report by China Money Network. The round also saw participation from existing investors including ClearVue Partners, Trustbridge Partners, Sequoia Capital, FREES FUND and IDG Capital Partners.