Chinese private tutoring institution New Oriental Education is trying to build its own supply chain for its "Oriental Selection" live-streaming channel which has recently gained popularity through bilingual introduction.
JOYBUY, a cross-border e-commerce export platform owned by leading domestic firm JD.com, announced on Wednesday that it will terminate its cooperation with merchants.
Michael Yu acquired another 1.429 million shares of Koolearn, an online education company under New Oriental Education, at an average price of HK $6.95 per share.
Today, Chinese online tutoring firm Yuanfudao announced its official entry into the smart education market and will now focus on enterprise education.
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.