QuantaSing finds new tune in experiential pop toys
The adult education company is adding products for seniors to adapt to changing times, and is now also testing out the youth market with a new toy investment Key Takeaways:…
Its knuckles rapped, recovering Gaotu springs back to the black
Among the hardest hit in China’s regulatory crackdown in 2021, the educator is staging a comeback that will see it return to profitability in the current quarter Key Takeaways: Gaotu’s…
Youdao looks to parent, global markets to revive stalling growth
The education company’s marketing services revenue flatlined in the final quarter of last year, following strong double-digit gains in the first three quarters Key Takeaways: Youdao’s revenue began contracting in…
Fenbi chalks up loss as edtech scrambles into AI
The provider of civil service exam preparation services is just one of many Chinese edtech companies rushing to incorporate DeekSeek into their products Key Takeaways: Fenbi fell into the red…
East Buy ends superstar influencer addiction – but at a big price
The livestreaming e-commerce company’s revenue declined and it fell into the red in the first half of its fiscal year after the departure of its key online salesman Dong Yuhui…
NetClass offers lesson in diversity with globalization strategy
The edtech company’s shares have performed well since their Nasdaq debut last month, helped by its new venture outside the fickle China market Key Takeaways: Shares of NetClass have climbed…
Shanghai Able’s renewed IPO plan hobbled by weak appetite for new tech listings
The digital education company’s business is subject to seasonal factors, causing its revenue to be stronger in the second half of the year than the first half Key Takeaways: Shanghai…
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