RareJob Invests in Thai Online English Tutorial Company Globish
English tutorial company RareJob Inc. (“RareJob”) today announced that it has decided to invest in Globish Academia (Thailand) Company Limited (“Globish”), a Thai-based online English tutorial company.
About RareJob’s Global Expansion
Based on a group vision of “Chances for everyone, everywhere,” RareJob is developing its business with the goal of “creating a platform for people to be active on a global stage.” As a leading company in the educational technology sector*1, RareJob is using technology to make learning more efficient and sophisticated.
Within its business strategy moving forward that it announced recently, RareJob has stated global expansion as a key component. To that end, by securing a certain investment limit for partnerships with overseas educational technology companies, the plan is to more actively invest and to expand operations overseas steadily and efficiently. RareJob will turn its focus globally regardless of region and work to build positive partnerships with businesses that provide superior services.
*1:Educational technology refers to the use of technology by businesses and services to create innovation in education.
Background on Investment in Globish
Online English tutorial services have spread greatly in recent years in Asia, primarily in China and South Korea, and there are also signs of growth even in Southeast Asia and Russia. RareJob has been exploring the potential for building partnerships particularly in Southeast Asia, and it has been building relations with Globish since 2017. During this time, Globish has been expanding steadily, sending a strong signal of the potential for further growth. RareJob has laid out a plan of active investment to strengthen ties with educational technology companies at a global level, and accelerated global expansion of operations by partnering with Globish was the reason for the investment decision. The investment will be a joint investment from three companies—Thai venture capital firm N-Vest Venture Company Limited, South Korean venture capital firm BonAngels Venture Partners, and RareJob.
Partnership with Globish and Future Potential Development
There are multiple online English tutorial companies operating in Thailand, but Globish is one of the biggest within that market. Its service stands out compared to rivals, with an impressive staff of instructors and lesson availability 24 hours around the clock.
Moving forward, while deepening relations between the two companies, RareJob will first leverage Globish’s local network and existing knowledge as they collect information such as on Thailand’s market environment and the movements of other companies. Along the way as they discover useful services and expertise, the goal is to create synergy by incorporating them mutually. Finally, while collaborating with Globish, RareJob will build a solid platform for accelerating global expansion of its operations.
As a leading company in the educational technology sector, RareJob will continue its aim to grow into a company that can compete globally.
Globish Academia (Thailand) Company Limited Overview
・Company name: Globish Academia (Thailand) Company Limited
・Headquarters: No. 903/33 Rama 3 Road, Bangpongpang Sub-district, Yannawa District, Bangkok Thailand
・Representative: Takarn Ananthothai
・Business overview:Online English tutorial services in Thailand
Press Contacts
PR Department, RareJob, Inc.
Email: press@rarejob.co.jp