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/PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading omnichannel English language training...
46.9% 1Non-GAAP measure. For more information about non-GAAP financial measures, please see the section captioned “About Non-GAAP Financial Measures” at the end of this press release. Highlights 1Q 2021 revenue increased 13.8% year-on-year to RMB206.6 million (US$31.5 million), primarily as a result of the strong rebound in gross billing after the impact of COVID-19 faded. Supported by investments in the Junior ELT segments and new product development, revenue for Junior ELT under the “Meten” brand increased by 286.3% year-on-year in 1Q 2021 to RMB17.8 million (US$2.7 million). 1Q 202...
Posted on 4808 Meten EdtechX Education Group Ltd. (NASDAQ: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that the Company has invested RMB20 million in course development of “dual-teacher classroom” learning and that its junior ELT services maintain strong growth. The gross billing of its junior ELT services increased by 200% in January 2021 compared to the same period last year. As a well-known leading omnichannel ELT ser...
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Meten EdtechX Invests RMB20 Million in Course Development of Dual-teacher Classroom Learning ... Meten EdtechX Education GroupFebruary 5, 2021 GMT SHENZHEN, China, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that the Company has invested RMB20 million in course development of “dual-teacher classroom” learning a...