Company Description
Gaotu Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China.
The company provides foreign language courses comprising English and Japanese, as well as test preparation courses for students taking language certification exams; and professional courses primarily for college students and adults preparing for professional qualification exams, such teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, Certified Tax Agent designation, securities qualification exams, and other exams.
It also offers admission courses for admission tests and interviews, including national graduate entrance examination, civil service examinations, and others; and consulting services.
In addition, the company provides online IT education courses, such as computer programming, as well as online courses on professional computer coding; career development courses, including memory enhancement courses, leadership and management training courses, and others; and courses to prepare and pass certain language exams for study abroad, such as IELTS and TOEFL.
Further, it provides non-academic tutoring and personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and designs and develops course outlines, interactive courseware, practice exercises, and lesson notes, as well as reference books, such as Chinese dictionary, dictionary of idioms, and past exam questions of college entrance examination.
Additionally, the company offers smart devices; multi-function translation pen, an electronic translation pen with Chinese/English translation capabilities; and learning apps.
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, the People's Republic of China.
| Country | China |
| Founded | 2014 |
| IPO Date | Jun 6, 2019 |
| Industry | Education & Training Services |
| Sector | Consumer Staples |
| Employees | 4,002 |
| CEO | Xiangdong Chen |
Contact Details
Address: 5f, Gientech Building, 17 East Zone, 10 Xibeiwang East Road, Haidian Beijing, F4 100193 China | |
| Phone | 861082826826 |
| Website | ir.gaotu.cn |
Stock Details
| Ticker Symbol | GOTU |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| 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 |
|---|---|---|
| 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 |
| Dec 20, 2023 | 144 | Filing |
| Nov 22, 2023 | 6-K | Report of foreign issuer |
| Aug 30, 2023 | 6-K | Report of foreign issuer |