At least 25 large Chinese online education firms closed up shop in 2021 after the government banned for-profit private tutoring, according to data compiled by Chinese research firm 100EC. Of the companies that disappeared – including firms that saw their founders disappear and those that filed for bankruptcy – nearly half were located in Beijing, according to a recent 100EC report. 27-year-old Juren Education, one of China’s oldest tutoring companies, and 16-year-old Wall Street English, one of the world’s largest English-language tutors with 3 million alumni and annual enrolments of 180,000 students, were among of the biggest names that closed...