TAL Education (TAL): Accelerated Revenue Growth and Disposed of Unprofitable Subsidiaries
Revenue growth accelerated after the marketing campaign before and over the school summer vacation. TAL has been consolidating and disposing of...
406 Views
New Oriental (EDU): Operating Profits Up 54%, as a Main Competitor Goes Bankrupt
EDU’s operating profits grew by 54% YoY (Exhibit 1) and net profits grew by 70% YoY in the August quarter. WEBi English, an important competitor...
419 Views
Youdao IPO: Valuation Calls for a Compulsory Re-Education
Youdao (DAO US) is the online learning unit of Netease Inc (Adr) (NTES US), a 66% shareholder. Youdao has launched its IPO at an indicative price...
447 Views
Youdao, Inc (有道) IPO Review - Expensive Valuation but Tiny Float + Good Sentiment Could Mean a Pop
Youdao (DAO US), a subsidiary of Netease Inc (Adr) (NTES US), is looking to raise up to US$100m in its IPO. Out of which, the company's CEO,...
525 Views
Last Week on China Internet (14 Oct 2019): Richest Chinese and Forbes Top Digital Companies
While doing research on Chinese Internet companies, we frequently come across news that merits being highlighted to investors, however, it is not...
368 Views