
New Oriental Expects $800-$900 Million in Losses, June-Nov 2021
Chinese private tutoring giant New Oriental announced on Friday that its net losses in the six-month period ended November 30, 2021 were expected to total $800-900 million.
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Chinese private tutoring giant New Oriental announced on Friday that its net losses in the six-month period ended November 30, 2021 were expected to total $800-900 million.
According to documents disclosed by the Hong Kong Stock Exchange (HKEx) on Monday, Tencent Holdings sold 74.6 million shares in New Oriental's Koolearn from June 15 to June 16.
Koolearn Technology Holding Limited, an online education company under New Oriental Education & Technology Group Inc., filed for an initial public offering ...
NYSE-listed Chinese education giant New Oriental Education & Technology Group Inc. on Oct. 28 announced to launch its public offering in Hong Kong.
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.
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.
Recently, the phrase # New Oriental Education Dismissed 60,000 Employees # became a trending topic on Weibo.
Yu Minhong, Founder and Chairman of New Oriental, announced on September 17 that offline enrollment of primary and junior high school subjects would be stopped after the autumn semester.
On December 27, Oriental Selection, a live-streaming ecommerce company under the US-listed New Oriental Group, announced that it will sell its education business for a total price of 1.5 billion yuan to its parent company.
“The degenerate behavior of women is what's causing China's degeneracy.” On Nov. 18, Yu Minhong (Michael Yu), founder of China's largest English training...
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.
Oriental Selection is exploring overseas markets with TikTok, improving the efficiency of product procurement processes by integrating high-quality supply chain resources.