FAST NEWS: Koolearn Proposes New Name in Move From Education
The latest: Koolearn Technology Holding Ltd. (1797.HK) on Thursday proposed changing its name to East Buy Holding Ltd. to reflect its new business direction.Looking up: The company believes the change better aligns…
Lesson Learned: Gaotu Tastes Early Success in Business Transformation
Facing a delisting threat after its shares fell below $1, the battered education company has responded with a major buyback plan in a bid to boost its priceKey Takeaways:Gaotu Techedu’s…
Is Koolearn’s Stock Surge on Boom in Livestreaming Business Just a Blip?
Gamble by tuition platform to transform into a livestreaming e-commerce business appears to have paid off, with sales booming and shares climbing more than sixfold in a week Key Takeaways:…
New Oriental Education Records Huge Loss, But Forges Ahead
China’s former leading private educator has revealed the huge costs it incurred in its first earnings report since a major industry reshuffle Key takeaways: New Oriental fell deeply into the…
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