Koolearn’s New Lesson: E-Commerce Pays Better Than Education
The former education company has returned to profits on spiking revenues, pointing to early success in its transition to livestreaming e-commerceKey Takeaways:Koolearn’s revenue grew 263% in the first half of…
Virscend Education Scores Return to Profits With Asset-Light Model
The private educator’s latest annual revenue more than doubled and it registered a net profit of 11.38 million yuan after changing its business modelKey Takeaways:Virscend Education returned to profitability in…
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