According to a person familiar with the matter, New Oriental Education's subsidiary BlingABC began to offer online Chinese courses in the United States.
Dali Education, ByteDance's education unit, has recently started job cuts in many brands including GuaGuaLong, Qingbei Wangxiao, Xuelang, Hardware and Campus Cooperation.
On November 13, Chinese extracurricular education company Tomorrow Advancing Life issued a statement that it will be terminating its off-campus training for compulsory education in mainland China by the end of this year.
"With the adjustment of our business, New Oriental has decided to donate new study desks and chairs to primary and secondary schools in rural areas, having donated nearly 80,000 sets so far," Michael Yu posted.
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.
Several employees of OneSmart Education, a tutoring institution listed publicly in the U.S., revealed that the company had told them that it would announce the closure of business on Tuesday.
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.
TAL Group's face-to-face teaching in the Shanghai Branch has been changed into online courses, but not all schools are following the changes. TAL has adjusted the arrangement of some schools in China.
शंघाई में TAL ग्रुप के आमने-सामने शिक्षण को ऑनलाइन पाठ्यक्रम में बदल दिया गया है, लेकिन सभी स्कूल सूट का पालन नहीं कर रहे हैं। ताल ने चीन के कुछ स्कूलों की व्यवस्था को समायोजित किया है।
সাংহাইতে TAL গ্রুপের মুখোমুখি শিক্ষার অনলাইন কোর্সে পরিবর্তন করা হয়েছে, কিন্তু সব স্কুল এই পরিবর্তন অনুসরণ করছে না। তাল কিছু চীনা স্কুলের ব্যবস্থা সমন্বয়।
