À̹ÌÁö È®´ë Korean edtech startup Riiid has signed a contract to offer its AI mobile education app for individual-tailored learning content to U.S.-based Kaplan, a global education service provider, gaining warp speed in global outreach.
The latest deal comes after Riiid inked an MOU for joint business with UAE-based global education service provider ConnecME Education in July.
Riiid better known for its Santa for Test of English for International Communication (TOEIC) test prep engine in Korea and Japan said on Thursday it will team up with Kaplan to develop an AI home tutoring program dedicated to the GRE and GMAT exams.
Kaplan will provide Riiid with 10-year anonymized learner data, including exam content, evaluation items, and test scores. Riiid will develop a tutoring app exclusively for GRE and GMAT exams by feeding the data into its AI model to predict individual test scores and learning behaviors, and help users achieve their learning goals within a user-set time frame.
Kaplan founded in 1938 is a leading diversified education provider offering students, businesses and university partners an array of services: higher and professional education, test preparation, online learning and assessments, international student recruitment and university pathways, and language training. Kaplan¡¯s worldwide sales surpassed 1.8 trillion won ($1.5 billion) in 2018.
By Lee Jong-hwa and Minu Kim
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