Its knuckles rapped, recovering Gaotu springs back to the black
Among the hardest hit in China’s regulatory crackdown in 2021, the educator is staging a comeback that will see it return to profitability in the current quarter Key Takeaways: Gaotu’s…
Youdao looks to parent, global markets to revive stalling growth
The education company’s marketing services revenue flatlined in the final quarter of last year, following strong double-digit gains in the first three quarters Key Takeaways: Youdao’s revenue began contracting in…
Fenbi chalks up loss as edtech scrambles into AI
The provider of civil service exam preparation services is just one of many Chinese edtech companies rushing to incorporate DeekSeek into their products Key Takeaways: Fenbi fell into the red…
Is Youdao finally learning how to earn profits?
The education spinoff of gaming giant NetEase reported narrowing losses in the second quarter and said it expects to be profitable on an operating basis this year Key Takeaways: Youdao…
NetEase layoff rumors: staff churn or a bigger restructuring?
Speculation is swirling that NetEase has started to cut its workforce, with headcounts reportedly slashed by up to half in some divisions, but the gaming giant has dismissed reports of sweeping…
iHuman moves through economic uncertainty in robotic holding pattern
The provider of educational products and services for children reported just 4.5% revenue growth in the second quarter, but its profit nearly doubled on reduced R&D spending Key Takeaways: iHuman’s…
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…
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