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…
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…
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:…
BRIEF: NetDragon’s profit slumps on weakness in its gaming, education businesses
Game operator NetDragon Websoft Holdings Ltd. (0777.HK) said on Wednesday that revenue from its core gaming business fell 6% last year to 3.94 billion yuan ($543 million) from 4.19 billion…
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…
