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…
iHuman moves through economic uncertainty in robotic holding pattern
The provider of educational products and services for children reported just 4.5% revenue growth in the second quarter, but its profit nearly doubled on reduced R&D spending Key Takeaways: iHuman’s…
Fenbi scores earnings success from civil service exam boom
The supplier of vocational training and exam tutoring has strengthened its market presence with an average of 9.2 million monthly active users in the first half of the year Key…