TAL Education Group
- NYSE: TAL
Cao Yundong[1][2]
Hong Kong[3]
TAL Education Group (Chinese: 好未来), which stands for "Tomorrow Advancing Life",[5] is a Chinese holding company that offers after-school education and tutoring for students in primary and secondary school. It is headquartered in Beijing, China.[1][2][3] The company was founded in August 2003 by Zhang Bangxin and Cao Yundong, as "Xueersi" (Study and think).[1][2]
The company provides standardized test preparation and consultation services for students studying abroad.[6] It offered help to kids who could not go to school due to the COVID-19 pandemic in subjects including mathematics, Chinese, English, and coding. After new rules were issued by the Chinese government preventing for-profit tutoring companies from earning a profit, the company's stock went down significantly, with a projected 70% decrease in 2022 revenue.[7]
In 2018, it acquired CodeMonkey.[8][9]
References
- ^ a b c "TAL Education Group (TAL)". Forbes. Retrieved 16 May 2020.
- ^ a b c d e f g h "TAL Education Group ADR". The Wall Street Journal. Retrieved 16 May 2020.
- ^ a b c d e f g "TAL Education Group (ADR)". Reuters. Retrieved 16 May 2020.
- ^ a b c d e "TAL Education Group 2021 Annual Report". TAL. 28 February 2021. Retrieved 25 August 2021.
- ^ Echo, Yan. "TAL Education Group Announces Management Change". CISION. TAL Education Group. Retrieved 6 November 2021.
- ^ "TAL Education Group". CNBC. Retrieved 6 November 2021.
- ^ De Silva, Dilantha (Sep 22, 2021). "TAL Education Stock: Do Not Test The Depth Of The River". Seeking Alpha. Retrieved 6 November 2021.
- ^ "CodeMonkey Acquired by TAL Education Group". EdSurge.
- ^ "Israeli Educational Coding Startup CodeMonkey Acquired By China's Leading EdTech Group". NoCamels.
External links
- Official website
- Business data for TAL Education Group:
- Bloomberg
- Reuters
- SEC filings
- Yahoo!
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