New Oriental turns in mixed report card of rising revenue, falling profits
The education services provider’s latest quarterly report reflected its largely steady but unspectacular performance Key Takeaways: New Oriental Education reported revenue for its fiscal quarter through August reached $1.52 billion,…
iHuman’s international drive hops ahead with Cricket Media tie-up
The edutech company’s new alliance with a U.S. children’s media brand with more than a half century of history looks more promising than its earlier global expansion efforts Key Takeaways:…
China East Education feasts on growing demand for skilled workers
The leading provider of vocational education services posted 10% revenue growth in the first half of the year, as its profit jumped nearly 50% Key Takeaways: China East Education’s revenue…
QuantaSing excites investors with new toy tune
The adult education company’s shares have tripled since it disclosed a plan to enter the collectible toy business through a major acquisition that closed on March 31 Key Takeaways: QuantaSing…
YuHua Education’s profit doubles as it bids adieu to Thailand
The Zhengzhou-based private education company’s shares have soared since last month as investors cheer its embrace of vocational training and debt repayment Key Takeaways: YuHua Education has shored up its…
New Oriental gets new lesson from souring U.S.-China relations
China’s leading private provider of education services blamed changing international relations for a slowdown in its business catering to students planning to study abroad Key Takeaways: New Oriental’s revenue from…
Ruanyun soars as China edtechs learn to live in new environment
The company’s AI-based homework and testing apps and 15.1 million users have helped it to stand out from rivals, though the stock looks expensive after a strong post-IPO rally Key…