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New Oriental Education Revenue Down 56.8% To USD 524 Mn In Q4
Article By:
EqualOcean
Friday, July 29, 2022 5:26 AM EDT
China's private education services provider New Oriental Education documented a downward revenue with expanded losses in its newly released financial reports.
Education Firm Gaotu Signals Move To Online Sales, Follows New Oriental
Article By:
EqualOcean
Sunday, March 6, 2022 12:30 AM EDT
Gaotu was one of the largest online after-school tutoring brands in China. But the high-flying sector crumbled after the government prohibited for-profit tutoring in any school subject for students receiving compulsory education last July.
New Oriental Education's Pivot From Overregulated K-12 Industry Is Worth A Bet
Article By:
EqualOcean
Thursday, November 25, 2021 8:53 AM EDT
It's hard to value EDU in a quantitative way at the moment, but its chances to get back on track are increased significantly by the company's attempts in the adjacent fields.
In this article: EDU
Option Bulls Taking Another Shot At EDU
Article By:
TheoTrade
Monday, October 11, 2021 4:23 PM EDT
CCP policies have taken aim at companies that are considered “monopolies” and the share price carnage has been real. The for-profit education industry has not been spared and the 74% decline in New Oriental Education & Tech Group stock is an example.
In this article: EDU