Company Description
Gaotu Techedu Inc., a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People’s Republic of China.
The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher’s qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams.
It also offers admission courses for admission tests and interviews, including national-post graduate entrance examination, civil service examinations, and others; foreign language courses; overseas study related services; and courses to prepare and pass certain language exams for study abroad, such as IELTS and TOEFL.
In addition, the company designs and develops course outlines, interactive courseware, practice exercises, and lesson notes; publishes reference books comprising Chinese dictionary, dictionary of idioms, and past exam questions for the college entrance examination; and develops, expands, and upgrades education-centric digital products and solutions, as well as learning apps.
Further, it offers books and digitalized auxiliary learning tools, such as smart devices and translation pens; and online tutoring services.
The company was formerly known as GSX Techedu Inc. and changed its name to Gaotu Techedu Inc. in June 2021.
Gaotu Techedu Inc. was incorporated in 2014 and is headquartered in Beijing, China.
| Country | China |
| Founded | 2014 |
| IPO Date | Jun 6, 2019 |
| Industry | Education & Training Services |
| Sector | Consumer Staples |
| Employees | 7,767 |
| CEO | Xiangdong Chen |
Contact Details
Address: Gientech Building, 5th Floor Beijing, 100193 China | |
| Phone | 86 10 8282 6826 |
| Website | ir.gaotu.cn |
Stock Details
| Ticker Symbol | GOTU |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | CNY |
| IPO Price | $10.50 |
| CIK Code | 0001768259 |
| CUSIP Number | 36257Y109 |
| ISIN Number | US36257Y1091 |
| SIC Code | 8200 |
Key Executives
| Name | Position |
|---|---|
| Xiangdong Chen | Founder, Chairman and Chief Executive Officer |
| Nan Shen | Chief Financial Officer and Senior Vice President |
| Sherry Liu | IR Manager |
| Bin Luo | Senior Vice President and Head of College Students and Adults Business |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Aug 27, 2024 | 6-K | Report of foreign issuer |
| May 21, 2024 | 6-K | Report of foreign issuer |
| Apr 25, 2024 | 20-F | Annual and transition report of foreign private issuers |
| Mar 21, 2024 | 144 | Filing |
| Mar 21, 2024 | 144 | Filing |
| Feb 27, 2024 | 6-K | Report of foreign issuer |
| Feb 6, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 6, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Dec 20, 2023 | 144/A | Filing |
| Dec 20, 2023 | 144 | Filing |