Youdao gets boosts from AI, patient parent
The education products and services provider returned to revenue growth in the second quarter, and got a three-year extension on debt owed to its parent set to mature next March…
iHuman leaves investors unimpressed with flat margins, slow revenue growth
The provider of children’s ‘edutainment’ apps reported its revenue grew 9% in the first quarter, while its gross margin was unchanged year-on-year Key Takeaways: iHuman’s revenue grew 9% in the…
QuantaSing hums new learning tune with growing focus on personal interest courses
The online education services provider is focusing on personal interest learning courses as a key new growth driver Key Takeaways: QuantaSing is expanding its personal interest learning business to cover…
FAST NEWS: QuantaSing Makes Quiet IPO Trading Debut
The Latest: Adult education company QuantaSing Group Ltd. (QSG.US) made its IPO trading debut on Wednesday, becoming the first new U.S. listing by Chinese company sponsored by big investment banks…
Autonomous Driving Tech Firm Hesai Takes Pole Position With U.S. IPO Application
The maker of light detection and ranging (LiDAR) technology could become the first major U.S. IPO by a Chinese company in more than a yearKey Takeaways:Hesai Group’s IPO application includes…
Big Banks Test the Waters for New China Listings With QuantaSing IPO
The adult education specialist’s IPO underwriters include Citigroup, as well as two of China’s biggest investment banksKey Takeaways:Investment banking majors Citigroup and China’s CICC and CLSA are sponsoring a new…
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