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…
RELATED ARTICLES
-
East Buy drama offers lesson on the power of key influencers
1797.HK -
East Buy faces rebuilding after breakup with star livestreamer
1797.HK
-
East Buy counts the cost of candor after share rout
1797.HK
-
China Education Group’s goodwill impairment offers lesson in how to spook investors
0839.HK
-
China Oriental Group eyes green escape from overheated steel furnace
0581.HK
