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Age of Learning and Rakuten Announce Joint Venture: Age of Learning Japan Co., Ltd.
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Rhea-AI Summary
Age of Learning and Rakuten Group have announced a joint venture, Age of Learning Japan Co., Ltd., to expand the reach of ABCmouse English in Japan. The venture aims to meet growing demand for children's English language learning, leveraging Rakuten's extensive family connections. ABCmouse English features over 260 lessons and 6,000 interactive resources, incorporating speech recognition technology and a user-friendly dashboard for parents. This initiative is key for Age of Learning's global expansion strategy, marking Japan as a critical market.
Positive
Formation of joint venture with Rakuten enhances market access in Japan.
ABCmouse English features 260 lessons and 6,000 interactive resources, enhancing learning experience.
Use of speech recognition technology to improve children's pronunciation.
Negative
None.
New Company Will Accelerate Growth of ABCmouse English to Meet Strong Demand for Children’s English Language Learning in Japan
LOS ANGELES & TOKYO--(BUSINESS WIRE)--
Age of Learning, Inc., the leading edtech company for young learners and creator of ABCmouse Early Learning Academy, and Rakuten Group, Inc., Japan’s leading e-commerce company and a global leader in internet services that empower individuals, communities, businesses, and society, today announced they have agreed to form the joint venture Age of Learning Japan Co., Ltd. Building on Age of Learning and Rakuten’s existing relationship, the new company will accelerate the growth of ABCmouse English, known as “Rakuten ABCmouse” in Japan, to serve families across the country.
The intuitive interface in ABCmouse English enables children to navigate through the curriculum entirely on their own. (Graphic: Business Wire)
Designed by Age of Learning’s language learning experts and grounded in learning science, ABCmouse English teaches English to young children through engaging interactive activities. The program, which uses a unique, research-proven approach to language learning, helps children build English communication skills with 260 sequenced lessons and more than 6,000 original videos, games, books, and songs. Key features of ABCmouse English include:
An innovative application of speech recognition technology that enables children to improve pronunciation by comparing to a native speaker and working to better their performance
A user-friendly parent dashboard that makes it easy to track children’s progress in acquiring specific skills so that parents can monitor and guide their children without themselves speaking English
An intuitive interface that enables children to navigate through the curriculum entirely on their own
A rewards system that motivates children to progress through structured lessons and enjoy playing English teaching games and puzzles
“Rakuten’s unmatched connections with families will enable our joint venture to help children across the country learn English. Japan is a top strategic international market for us and an important pillar of our global expansion,” said Paul Candland, CEO, Age of Learning.
“ABCmouse English offers unmatched curriculum quality for preschool to elementary aged learners, and our new joint venture illustrates our commitment to bringing this world-class learning resource to as many families across Japan as possible,” said Koji Ando, Rakuten Group Managing Executive Officer and Senior Vice President of Rakuten'sInvestment & Incubation Company.
ABCmouse English is one of the newest additions to Age of Learning’s growing suite of educational products. Age of Learning’s research-proven early learning methodologies have made ABCmouse Early Learning Academy the leading digital early learning program for families in the U.S.
For more information about ABCmouse English in Japan, visit here.
About Age of Learning Age of Learning, Inc. is a leading education technology innovator, creating engaging, research-proven, digital learning programs that have helped tens of millions of children build a strong foundation for academic success. Age of Learning’s flagship product in the U.S., ABCmouse®Early Learning Academy, is the top education program for families with children ages 2 to 8. The company is expanding globally, beginning with its English language learning program ABCmouse English, and is expanding to serve schools with groundbreaking personalized, adaptive math and reading programs. For more information visit www.AgeofLearning.com.
About Rakuten Rakuten Group, Inc. (TSE: 4755) is a global leader in internet services that empower individuals, communities, businesses and society. Founded in Tokyo in 1997 as an online marketplace, Rakuten has expanded to offer services in e-commerce, fintech, digital content and communications to approximately 1.5 billion members around the world. The Rakuten Group has over 25,000 employees, and operations in 30 countries and regions. For more information visit https://global.rakuten.com/corp/.
What is the joint venture announced by Age of Learning and Rakuten Group?
Age of Learning and Rakuten Group have formed a joint venture called Age of Learning Japan Co., Ltd. to expand ABCmouse English in Japan.
What is ABCmouse English?
ABCmouse English is a digital learning program designed to teach children English through engaging activities, comprising over 260 lessons and 6,000 resources.
How will this joint venture impact English language learning in Japan?
The joint venture aims to meet the increasing demand for children's English language learning by leveraging Rakuten's connections with families across Japan.
What technology does ABCmouse English utilize?
ABCmouse English utilizes speech recognition technology to help children improve their English pronunciation.
When was the joint venture between Age of Learning and Rakuten announced?
The joint venture was announced on November 2, 2021.
