Digital learning firm Shanghai Able targets tech upgrade
Boasting more than 27,000 online courses and backed by Sina and Baidu, the owner of China’s “Wisdom Tree” learning platform is seeking a Hong Kong IPO to boost spending on educational…
China Education Group makes the grade with rising profits
The vocational training provider’s half-year earnings were well received by investors, aided by a broader rally on the Hong Kong stock market Key Takeaways: China Education Group has slowed its…
XJ International gets lesson on perils of zero-coupon bonds
The vocational educator said holders of its zero-coupon convertible bonds due in 2026 are asking for a permitted early redemption Key Takeaways: Holders of all of XJ International’s $315 million…
Mynd.ai turns new page with completion of U.S. backdoor listing
The former education business of gaming company NetDragon hopes to entice investors with its rollout of software services next year for its classroom-based educational hardware panels Key Takeaways: Mynd.ai has…
China Education Group’s goodwill impairment offers lesson in how to spook investors
China's largest privately-owned vocational educator posted double-digit revenue growth in its latest fiscal year, but also a rare profit decline Key Takeaways: China Education Group’s profit fell in its latest…
Education provider TAL counts on AI devices and MathGPT
The learning solutions company has swung into the black after investing in AI-powered educational devices and developing a newly approved MathGPT tool Key Takeaways: TAL's revenue rose 40% in the…
New Oriental Education delivers a lesson in business revival
The education giant has sealed its return to financial health with quarterly adjusted profits at a three-year high and revenues back to 92% of their level before a crackdown on…
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