YY, the interactive video platform, announced today it would acquire two business divisions of Shanghai Global Career Education Science & Technology Holding Company which operate edu24ol.com, an online school for vocational education and English training, for approximately RMB120 million (just under US$20m).

edu24ol.com has about 700,000 registered users. Over half of its total revenues comes from two subjects, architecture and construction engineering. The site also offers courses in finance, accounting and medicine.

Before the deal, YY had acquired an education startup led by Zheng Renqiang, one of the top-selling teachers on YY’s Education platform, as reported by JMDEdu, a local news site focused on education. Zheng’s team, specializing in preparing students for the IELTS exam, joined the YY platform in May 2013.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com