New Delhi: Chinese social media giant Byte Dance is set to hire an additional 13,000 employees. These moves are for the company’s education unit. The company aims to capture a large portion of the country’s burgeoning online learning market. BitDance, the owner of the short video app, said it would hire tens of thousands of education professionals in China over the next four months, including tutors and course designers. This was stated in a post published on the official WeChat account on Friday. The company will hire at least 3,000 graduates this spring as part of an expansion plan in 11 cities. Educational professionals, including 10,000 tutors, will be deployed.
Dolly, which means ‘great power’ in English, was formed last year. The emphasis is on education from pre-school to higher education. Byte Dance offers everything from smart learning tools. By October, the business had hired more than 10,000 employees. Chen Lin, senior vice president of ByteDance, formerly head of Totiao, the company’s leading news app, is spearheading the new venture.
With the expansion of Kovid, the potential for online-distance education has increased. Online education and educational technology will continue to grow in China in the coming months. In 2020, the sector grew by 35.5 percent to 257.3 billion yuan ($ 39.7 billion) compared to the previous year. Report by I Research, a market intelligence firm. Suoybang recently raised $ 1.6 billion from investors, including Alibaba Group Holdings Limited. Rival Juanfudao is also waiting for a new investment.
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