NetEase layoff rumors: staff churn or a bigger restructuring?
Speculation is swirling that NetEase has started to cut its workforce, with headcounts reportedly slashed by up to half in some divisions, but the gaming giant has dismissed reports of sweeping…
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…
Youdao gets boosts from AI, patient parent
The education products and services provider returned to revenue growth in the second quarter, and got a three-year extension on debt owed to its parent set to mature next March…
QuantaSing hums new learning tune with growing focus on personal interest courses
The online education services provider is focusing on personal interest learning courses as a key new growth driver Key Takeaways: QuantaSing is expanding its personal interest learning business to cover…
NetEase Tries to Show It’s Not Just About Games Anymore
The company’s Youdao education and Cloud Music divisions posted strong double-digit revenue growth in last year’s fourth quarter, and could soon become profitable Key Takeaways: NetEase’s revenue rose 4% to…
With Post-IPO Profit Warning, Is Readboy Losing Its Gold Star?
Less than a month after its Hong Kong listing, the smart learning device maker admitted losing up to 45 million yuan in first half of the year Key Takeaways: Readboy…
Readboy Tries Again for IPO but Faces Tough Test from Edtech Rivals
The maker of learning devices for children has filed for an IPO at the Hong Kong Stock Exchange for a third time, but an old-school operating model could weigh on revenues…
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NetEase layoff rumors: staff churn or a bigger restructuring?
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NetEase Tries to Show It’s Not Just About Games Anymore
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