TAL Education Group Invests in Phoenix E-Learning Corporation

BEIJING, Oct. 9, 2015 /PRNewswire/ -- TAL Education Group (NYSE: XRS) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today announced a strategic investment of US$30 million in Phoenix E-Learning Corporation ("Phoenix E-Learning"), which operates zxxk.com, the largest online educational platform serving the public school system in China.

Founded in 2003, Phoenix E-Learning has built an national online education services network serving mostly primary and middle schools and their teachers and students. It offers a full range of