Zuoyebang Said to File for US IPO as China Edtech Campaign Wanes

Chinese online tutoring platform Zuoyebang has filed confidentially for an initial public offering in the US, according to people familiar with the matter, who said the move may signal an easing of Beijing’s crackdown on private education firms.

The company is working with advisers on the potential listing that could take place as early as this year, the people said, asking not to be identified discussing a private matter. The company may raise less than $100 million from the share sale, one of the people said.

The planned share sale comes more than two years after China unleashed a campaign ...