FAST NEWS: Koolearn’s Loss Narrows Amid Transformation, Including Move Into E-commerce
The latest: Online education company Koolearn Technology Holding Ltd. (1797.HK) said its interim loss for the six months through last November narrowed by 19.3% year-on-year to 544 million yuan ($85.9…
New Oriental Tries Live Streaming E-commerce in Ongoing Transformation
Company’s revenue plummeted 80% last year and it laid off 60,000 employees after China’s crackdown on after-school tutoring Key takeaways: New Oriental has turned to live streaming e-commerce, with founder…
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