A recent letter from Michael Yu, Chairman of New Oriental Education, indicated that the organization will no longer offer primary and secondary school tutoring at its Beijing Changping New Oriental Foreign Language School.
TAL Education, a leading after-school tutoring services provider in China, announced on Friday that it is exploring smart hardware development and life science research.
Gaotu Techedu, an online tutoring service provider for larger class sizes in China, announced on Tuesday its unaudited financial results for the fourth quarter and fiscal year that ended December 31, 2021.
Beijing-based technology firm ByteDance is alpha testing a new product called Haoqi Xiaozhi, a learning app designed specifically for teenagers.
Fenbi, a Chinese education platform geared towards aspiring teachers and civil servants, submitted an application for a public listing to the Hong Kong Stock Exchange (HKEx) on Monday.
Chinese private education and training company New Oriental on Tuesday night announced its financial report for the first half of fiscal year 2021-2022.
ByteDance's Dali Education recently launched an educational service platform "Tan Shuiyuan," which is regarded as part of the transformation of ByteDance's education business.
RISE Education announced on Tuesday that it has signed a definitive merger agreement with Data Auto Inc., also known as NaaS, serving the Chinese electric vehicle battery charging market.
Business information inquiry platform Tianyancha showed that on Friday, Alibaba (China) Education Technology Co., Ltd., an affiliated company of Taobao Education, had a change up in its top level employee structure.
New Oriental Education announced at the Hong Kong Stock Exchange (HKEx) on Monday that its board of directors noticed many recent media reports about the company were related to the business and financial performance of the company.
Shanghai Manjitech Information Technology Co., Ltd., a SaaS provider for medical education and training, completed A-round financing totaling nearly 100 million yuan ($15.68 million).
At 8:00 pm on Tuesday, Yu Minhong, Chairman of New Oriental Education & Technology, held a live stream to sell agricultural products through Douyin for the first time.
Since Chinese authorities introduced the "Double Reduction Policy" earlier this year, domestic educational and training services firm New Oriental has accelerated plans to undergo a transformation.
Recently, China's Ministry of Education issued a notice that would temporarily put offline homework apps that provide and disseminate bad learning methods such as "taking pictures of questions to search answers".
Gaotu Techedu Inc. announced that it will end its off-campus tutoring services related to academic subjects from kindergarten through grade nine (the "K-9 Academic AST Services").
The company plans to set up a large-scale agricultural platform in the future. Together with hundreds of teachers, Yu will offer goods through live commerce to help sell agricultural products and support rural revitalization.
In a statement on Thursday, Spark Education said it has deposited all tuition collected in advance in the banks as regulated, and promises "not to spend a penny of this money."
Chinese online tutoring firm Gaotu briefly disclosed its recent operation in a letter published on its official WeChat account on Monday. On Tuesday, the share price of Gaotu closed at $3.625/share, with a total market value of $929 million.
On October 13, Beijing-based private education firm New Oriental issued a notice stating that it would cancel K9-related business sections such as Pop Kids and U-Can Secondary School sections.
On September 30, Netease’s Youdao announced that it plans to sell its off-campus tutoring business of compulsory education stage, with the sale expected to be completed before the end of this year.