I was in China few months ago. My general impression is that parents are crazy generous toward their children's education. There are whole department store building devoted to extra-curriculum classes for all different ages - and they ain't cheap at all.

My impression of Squirrel AI is really just using more advanced analytics for education, which is good in concept; but really they are selling parents' the fear that "if you don't buy our services, your children WILL be left behind."