online education

2022.03.16

04:39

Singapore to move more school lessons online in Covid shift

Asian Tech Press (Mar. 16) --Singapore plans to move more school lessons online using digital technology, citing the experience from the COVID-19 pandemic.

2021.11.26

05:02

New Oriental said to open online Chinese courses in U.S.

Asian Tech Press (Nov 26) -- New Oriental Education, China's leading private tutoring firm, has recently started to offer online Chinese language courses in the United States, according to media reports.

2021.10.26

04:14

New Oriental's Koolearn to cease K9 subject-based tuition business in Mainland China

Asian Tech Press (OCT 26) -- Koolearn Technology Holding (HKEX: 01797), a subsidiary of New Oriental Education & Technology Group (NYSE: EDU), announced that in accordance with new regulations and to ensure that the Group and its operations are in full compliance with all applicable legal and regulatory requirements, the Board of Directors of the Company has decided that the Group will cease to operate the subject-based off-campus tuition services provided to students from kindergarten to grade 9 (K-9) in Mainland China for the compulsory education level. The termination is expected to be effective by the end of November 2021.

2021.08.09

07:44

VIPKid to Cease Selling Foreign-Based Tutoring Courses to Students in China

VIPKID, a leading online English education provider for children, announced Saturday evening that it will no longer sell new lesson packages involving foreign teachers from Aug. 7 and will no longer renew lessons involving foreign teachers for existing users from Aug. 9, following the implementation of China's "double reduction" policy aimed at reducing the burden on students and easing financial pressures on families that have contributed to low birth rates.

2021.06.02

04:57

China fines 15 educational firms record $5.72 million for false advertising and pricing fraud

China's market regulator announced a record fine of 1, 36.5 million yuan (5.72 million) imposed on 15 educational firms at a press conference held on June 1.

2021.05.26

19:00

Chinese edtech startup Zuoyebang suspends its US IPO

2021.05.25

04:49

South Korean AI tutorial startup Riiid raises $175 million from SoftBank

Riiid Inc, a South Korean AI tutorial startup, on Monday said it raised $175 million from SoftBank Group Corp's Vision Fund 2 as it looks to shake up the world of standardized testing, and take its technology to public schools.

2021.05.20

17:30

Chinese Edtech firm Zhangmen files for US IPO

On May 19, EST, Chinese online education company Zhangmen Education Inc. filed for an IPO, planning to list on the New York Stock Exchange under the ticker symbol ZME.

2021.05.07

17:00

Tencent-backed VIPKid considers U.S. IPO to raise at least $500 million

Tencent-backed online K12 teaching and learning startup VIPKid is considering a U.S. IPO, expected to raise at least $500 million, according to Reuters-owned media outlet IFR.

2021.04.27

03:31

Chinese online education companies take down courses for preschoolers

Recently, Chinese online education companies have completely taken down courses for preschoolers, including TAL Education Group (NYSE: TAL), Tencent-backed Yuanfudao, and GSX Techedu(NYSE: GSX), have completely shelved their courses for preschool children. Some firms are refunding fees to previously enrolled users.

2021.03.26

04:51

Chinese leading online education companies to lay out hardware

Recently, Chinese leading online education companies began to lay out hardware field collectively, including Zuoyebang, TAL Education, New Oriental Education and Yuanfudao.

2021.03.23

09:37

Zuoyebang hires a senior executive from Nasdaq-listed Joyy Inc. as its CFO

China’s largest online education startup, Zuoyebang has hired a senior executive from Nasdaq-listed Joyy Inc. (NASDAQ: YY) to become its CFO, people familiar with the matter said. Previously, Zuoyebang was rumored to be preparing for an IPO.

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