New Oriental Education & Technology Group Inc
Company Profile
Business description
New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental’s revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.
Contact
No. 6 Hai Dian Zhong Street
Haidian District
Beijing100080
CHNT: +86 1060908000
Sector
Consumer Defensive
Stock type
Defensive
Industry
Education & Training Services
Fiscal Year End
31 May 2025
Employees
75,005
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