Scienjoy Holding Corporation to Acquire 29.9% Stake in Chinese Higher Education Service Provider Leader Education Limited

Acquisitions

Summary

Scienjoy Holding Corporation agreed to acquire a 29.9% stake in Leader Education Limited for about US$13.1 million. The deal runs through Scienjoy Innovation Labs and remains subject to due diligence, approvals, and other closing conditions. Scienjoy says it wants to combine its AI and technology capabilities with Leader Education’s educational resources to create new education applications and experiences. The company positions the investment as a strategic move to expand AI use in teaching, learning, content development, and student services.

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