BRIEF: New Oriental Education’s profit surges

New Oriental Education & Technology Group Inc. (EDU.US; 9901.US) reported Wednesday that its revenue rose 30.5% to $1.44 billion in its fiscal first quarter through August, while its net profit increased 48.4%…
Youdao edges towards profits

Is Youdao finally learning how to earn profits?

The education spinoff of gaming giant NetEase reported narrowing losses in the second quarter and said it expects to be profitable on an operating basis this year Key Takeaways: Youdao…