Beststudy scores profits by thinking outside the box
The provider of education and training services in southern China has boosted its earnings with new courses, pivoting to non-academic tuition after a crackdown on tutoring for school subjects Key…
East Buy faces rebuilding after breakup with star livestreamer
The e-commerce company is trying to diversify its livestreaming and product strategies after a drawn-out dispute with star host Dong Yuhui Key Takeaways: East Buy’s shares fell to a two-year…
East Buy counts the cost of candor after share rout
Just months after a corporate battle over its star anchor, the e-commerce platform has landed back in the spotlight after airing issues with its livestreaming business Key Takeaways: East Buy’s…
FAST NEWS: New Oriental boosts East Buy stake for fourth time this year
The Latest: New Oriental (EDU.US; 9901.HK) purchased 1 million shares of its East Buy Holding Ltd. (1797.HK) subsidiary for an average price of HK$17.39 on April 24, according to a new…
FAST NEWS: East Buy’s profit tumbles on higher expenses
The latest: Livestreaming e-commerce platform East Buy Holding Ltd. (1797.HK) on Wednesday reported its net profit for the six months through last November fell by 57.4% year-on-year to 249 million yuan…
East Buy drama offers lesson on the power of key influencers
The clash between the e-commerce company’s CEO and its top livestreaming host touched off a roller coaster ride for its shares Key Takeaways: East Buy fired its longtime chief Sun…
East Buy ditches tuition to become pure e-commerce player
The former leader in online education is shedding its remaining tutoring business to concentrate on livestreaming and online product sales Key Takeaways: East Buy is selling its tutoring business to…