TAL Education finds gold – and risk – in U.S. acquisition
The educator’s $95 million purchase of digital reading platform Epic in a bankruptcy sale last year appears to be the source of a $405 million investment gain in its latest…
New Oriental’s revenue rises 23% in May quarter, but adjusted profit declines
Education services company New Oriental Education & Technology Group Inc. (EDU.US; 9901.HK) on Wednesday reported its revenue rose 23% in the three months through May, as it emerged from a difficult…
Tianli turnaround fails to sway education-averse investors
The company’s new business model after a government crackdown centers on providing education services to schools, with a growing use of AI Key Takeaways: Tianli International’s net profit rose 21%…
New education segment powers rebuilding New Oriental
Several years after getting clobbered by a government crackdown, the private educator is regaining momentum on its newer education and training businesses Key Takeaways: New Oriental reported its operating profit…
Work in progress: East Buy reinvents itself – again
The former educator-turned-livestreaming e-commerce company is trying to become an online version of discount specialist Sam’s Club with its own private label business Key Takeaways: East Buy returned to profitability…
QuantaSing excites investors with new toy tune
The adult education company’s shares have tripled since it disclosed a plan to enter the collectible toy business through a major acquisition that closed on March 31 Key Takeaways: QuantaSing…
YuHua Education’s profit doubles as it bids adieu to Thailand
The Zhengzhou-based private education company’s shares have soared since last month as investors cheer its embrace of vocational training and debt repayment Key Takeaways: YuHua Education has shored up its…
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