Yuanfudao has invested in a down jackets subsidiary as the Tencent-backed online tutor tries to diversify its businesses after the country launched a sweeping crackdown on private education in July. The company has hired five people for an outdoor down jacket brand, local media Late Post reported on Tuesday. A Yuanfudao-affiliated firm acquired a clothing retailer in late September. Yuanfudao responded to local media on Wednesday that education remains their core business. [Late Post, in Chinese]