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…
Gaotu Grows Up With New Adult Focus, Return to Profitability
The company posted a third consecutive quarter of sequential revenue growth in its new form as a provider of education services for college students and adults Key Takeaways: Gaotu recorded…
17 Education Becomes Latest China Stock to Soar as Investors Sniff for Bargains
The education services provider’s shares have jumped 70% in the last five trading days on heavy volume as many issues that dogged the company appear to be settledKey Takeaways:17 Education…
New Oriental Eyes Chip Design, China Liberal Chases Higher Education
New moves by one of China’s oldest and one of its newest private educators reflect scramble to find new businesses after last year’s education cleanup Key Takeaways: New Oriental Education’s…
Hailiang Sees the Writing on the China Blackboard
Private school operator launches privatization bid, setting a potential trend for others remaining in the embattled education sector Key takeaways: A management-led group has offered to privatize Hailiang Education at…
As After-School Tutoring Cleanup Wraps, 17 Education Looks Set to Stay the Course
Company announces a modest share buyback and reverse share split, signaling it intends to try to maintain its business and New York listing Key points: 17 Education has announced a…
Education Cleanup Claims First Victim as OneSmart Halts Most Operations
Board approves ‘the suspension of all of the company's education programs and learning centers in China,’ according to statement Key takeaways: OneSmart says its board has approved a halt in…
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