Virscend Education Scores Return to Profits With Asset-Light Model
The private educator’s latest annual revenue more than doubled and it registered a net profit of 11.38 million yuan after changing its business modelKey Takeaways:Virscend Education returned to profitability in…
Virscend Education Eyes Management Services in Its Search for New Roadmap
Company is looking to an ‘asset-light’ model for its future survival, following China’s ban of for-profit K-12 education services Key takeaways: Virscend Education plans to adopt an “asset-light” model…