Aug 24, 2016 07:18 PM

Kobe Bryant Invests in China Education Firm

(Beijing) - Recently retired basketball star Kobe Bryant has selected a Chinese education firm for one of his first investments since announcing his move into venture capital, drawing on his huge fame in one of the NBA’s largest markets outside the United States.

Bryant’s new fund will invest an undisclosed amount in VIPKID, a platform that connects Chinese students with English teachers in North America. He announced the establishment of his $100 million fund earlier this week as he transitions from his NBA career that spanned two decades playing with the Los Angeles Lakers.

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