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…
PODCAST: MSCI’s China Downgrade, and an Educator’s Weak Trading Debut
Index compiler MSCI has removed nearly 200 China stocks from its indexes this year. Why the sudden change of heart on China? And YXT.com stock drops 9% in its Nasdaq trading debut after pricing weakly. Why are investors worried about this adult education company?
NEWS BRIEF: YXT.com shares sink in Nasdaq trading debut
Shares of YXT.com Group Holding Ltd. (YXT.US) sank 8.9% in their U.S. trading debut on Friday after pricing at the bottom of their range. The provider of corporate education services…
Don’t write off China edtech just yet, says IPO-bound YXT.com
The digital corporate learning company is aiming to raise $36 million in a New York listing, as China’s education sector slowly rebounds from a crackdown two years ago Key Takeaways:…
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