BRIEF: Beststudy Education’s profit jumps
Tutoring services provider China Beststudy Education Group (3978.HK) announcedonThursday it expects to report its revenue ranged between 1.8 billion yuan ($263 million) and 2 billion yuan last year, up 63.3%…
Tianli Education’s Transition Plan Fails to Convince Investors
Company logged a $214 million loss in the first eight months of last year after writing down assets that have been banned under China’s private education overhaul Key Takeaways: Tianli…
Virscend Education Eyes Management Services in Its Search for New Roadmap
Company is looking to an ‘asset-light’ model for its future survival, following China’s ban of for-profit K-12 education services Key takeaways: Virscend Education plans to adopt an “asset-light” model…