China Online Education Group (51Talk), a global education platform with core expertise in English teaching, on June 24 announced that it would split its English tutoring businesses in the Chinese mainland.
According to the official website of the United States Securities and Exchange Commission (SEC), 11 more Chinese firms were added to its "pre-delisting list" on May 9.
China Online Education Group, a digital education platform specializing in English teaching and also known as "51Talk," announced that Zhang Liming has tendered his resignation as the company's COO.
On Tuesday, Chinese online education platform 51Talk reported that their net loss in Q2 was 27.0 million yuan, compared with net income of 32.8 million yuan for the second quarter of 2020.
Chinese online education institution 51talk has been asked to carry out rectifications, the education commission for the country's capital city of Beijing said in a statement on Wednesday.
The founder of VIPKID, Mi Wenjuan has a mixed disposition that fuses the elite with the underworld.