Expanded Chinese Partnership Signals New Era of Global Expansion for
U.S. Ed Tech Leader
HERNDON, Va.--(BUSINESS WIRE)--Mar. 16, 2018--
K12 Inc. (NYSE: LRN), a technology-based education company and leading
provider of online curriculum and school programs for students in pre-K
through high school, announces an expanded partnership agreement to make
the Fazheng Group’s Beijing Royal School (BRS), a Kindergarten
through 12th grade international school in China, a
value-added user and in-country distributor of K12 Inc.’s proprietary
digital curriculum. BRS is a growing education leader in China with over
eight thousand students currently enrolled.
“Global expansion is a strategic business focus for K12 and we are
excited BRS understands the value of a K12-powered education,” said Nate
Davis, K12 Inc. CEO and Chairman of the Board of Directors. “Chairman
Wang Guangfa has created a premier education giant in China that is
innovative and expanding. We are delighted he chose us to work with. K12
will leverage the BRS partnership model to offer access to our
industry-leading technology platform and curriculum to students
worldwide.”
K12 has successfully delivered blended learning through BRS for the past
three years, leveraging The
Keystone School’s accredited, online high school courses and
educational services. In Phase one, nearly six hundred students are
already enrolled in the program, but BRS leaders see the initial phase
of their partnership with K12 as just the beginning of what blended and
online learning can offer students across China.
“After witnessing the benefits of K12’s personalized learning offerings,
we became true believers,” said Wang Guangfa, Chairman of the Fazheng
Group and Principal of Beijing Royal School. “Our ultimate vision is for
students throughout China to benefit from K12’s state-of-the-art and
engaging coursework, ensuring the highest-quality education for current
and future generations of students.”
As part of the agreement, BRS and Fazheng International Education will
manage sales, value-added training and implementation, Chinese
translation, and first-line customer support to private schools
throughout China. Chinese students with access to K12’s Keystone courses
will have the opportunity to earn both Chinese and U.S. high school
diplomas. K12 has learned from its three-year, growing relationship with
BRS and has additional international partnerships planned.
About K12 Inc.
K12 Inc. (NYSE: LRN) is driving innovation and advancing the quality of
education by delivering state-of-the-art, digital learning platforms and
technology to students and school districts across the globe. K12’s
curriculum serves over 2,000 schools and school districts and has
delivered millions of courses over the past decade. K12 provides online
and blended education solutions to charter schools, public school
districts, private schools, and directly to families. The K12 program is
offered through more than 70 partner public schools, and through school
districts and public and private schools serving students in all 50
states and more than 100 countries. More information can be found at K12.com.
About BRS
Established in 2003, Beijing Royal School is a private international
boarding school established and managed through Chinese-foreign
cooperation, providing K-12 education to students around China and the
world. Located north of the ancient Palace Museum and the modern Olympic
Village, BRS campus comprises nearly 25 Acers with the most advanced
educational facilities. BRS’s mission is to develop students with
integrated knowledge, international vision, and global capabilities and
to prepare students to pursue higher education at leading universities
around the world. 97% of BRS graduates attend the top hundred
universities in the world and 30% of graduates receive scholarships to
pursue higher education.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180316005385/en/
Source: K12 Inc.
K12 Inc.
Media Contact:
Mike Kraft
Vice President,
Finance and Corporate Communications
571-353-7778
mkraft@k12.com