Alpha DX Group, a learning and education solution company and formerly known as Alpha Energy Holdings, has entered into a non-binding Memorandum of Understanding (MOU) with DiDi Investments to acquire Japan-based DiDi Academy on June 22.
The move was done to advance the group’s growth strategy in Asia’s learning and education markets, says Alpha DX in a June 22 filing.
DiDi Academy is the first and only private higher education institution of its kind in Japan with an exclusive territorial license from Singapore-based ERC Institute to offer all of their academic and training programmes and contents in the Japanese market.
This includes certificate programmes, as well as programmes for diplomas, degrees and professional training programmes.
Through the MOU, Japanese students studying at DiDi Academy can enrol in various courses directly from its overseas partner universities through a learning platform without having to travel outside Japan.
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The academy plans to start offering its professional and full academic degree programmes on its platform by 2023.
Alpha DX’s CEO Daiji Yamada says, “DiDi Academy is uniquely positioned in both academic and enterprise learning market in Japan as it offers new options and choices that no other colleges and universities in Japan can offer.”
“Through this acquisition, Alpha DX is looking to accelerate its business plans to expand its academic and digital transformation service offerings in the Japanese market. As such, Alpha DX has a strong potential to become a pioneer in creating the new blue ocean market from the massive education and learning market in Japan,” he adds.
Shares in Alpha DX closed 1 cent higher or 2.3% up at 44 cents on June 22.
