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In 2022, under the pressure of the Double Reduction policy, many K12 education companies in China, including New Oriental Education & Technology Group and Doushen Education, transformed into the live-streaming field.
On September 25th, Chinese tutoring giant New Oriental held a press conference, saying that it will completely overhaul its existing projects offered to college students.
There are more to China's ban on foreign-based teachers than easing students' academic burden. But the new approach may miss the real target.
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.
Michael Yu, founder of New Oriental Education, on Wednesday outlined the direction of the company's exploration in the live-streaming sphere in a post on his official WeChat account.
Chinese esports ‘total solutions provider’ VSPN (Versus Programming Network) has raised close to $100 million in its latest Series B round of financing.
Chinese video platform Bilibili is to launch a multi-functional remote-sensing educational satellite, aiming to arouse interest among the youth in China.