BRIEF: Scholar Education to raise $31 million in share placement at 13% discount
After-school education services provider Scholar Education Group (1769.HK) announced on Wednesday that it plans to place 110 million new shares with more than six independent third party investors, representing about…
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…
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:…
