17 Education & Technology Group

17 Education & Technology Group, Inc. engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students' in-school learning. The company was founded by Jia Wei Gan and Bing Yuan on October 30, 2012 and is headquartered Beijing, China.

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17 Education & Technology Group (YQ) reports robust Q1 performance

17 Education & Technology Group (YQ) delivered strong financial results in Q1 2024 with revenue growth and improved margins
The company's focus on SaaS teaching, strategic partnerships, and operational efficiency highlights its commitment to growth
Despite challenges in a competitive market, opportunities lie in expanding customer base and advancing educational digitalization

17 Education & Technology Group reports strong Q2 growth and strategic partnerships

17 Education & Technology Group delivered robust Q2 2024 results with significant revenue growth and strategic advancements.
While facing challenges of increased losses, the company's focus on user engagement and partnerships offers promising growth prospects.
Striking a balance between revenue growth and cost management will be crucial for sustainable profitability and long-term success.

17 Education & Technology Group (YQ) reports strong Q3 performance and growth prospects

17 Education & Technology Group (YQ) delivered impressive revenue growth, improved cost management, and strong student engagement in Q3 2024.
While facing challenges in profitability and competition, the company maintains solid renewal rates and cash reserves, indicating resilience.
Strategic opportunities lie in expanding offerings, investing in innovation, and enhancing user experience to drive future growth and market presence.

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BEIJING, Aug. 25, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, announced that the Shanghai local government issued the “Measures to Further Alleviate the Burden of Homework and After-School Tutoring on Students in Compulsory Education” and answers to twelve questions related to such measures (collectively, the “Shanghai Measures”) on August 24, 2021. The Shanghai Measures were adopted to implement the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring on Students in Compulsory Education, published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council of the PRC, and aim to, within one year, “(i) effectively control the volume of, and the amount of time it takes to complete, homework assigned to students during the compulsory education stage, (ii) ensure all compulsory education schools provide on-campus, after-school services, (iii) complete the rectification of business practices of online and offline providers of after-school tutoring services on academic subjects in China's compulsory education system (“Academic AST”), (iv) effectively reduce the excessive burden upon students from school homework and after-school tutoring, the education expenditures from their families and the burden on their parents' energy.”

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The stock price of 17 Education & Technology Group Inc (NASDAQ: YQ) increased by over 12% during intraday trading. This is why it happened.

YQ Stock Increases Over 12% Intraday: Why It Happened

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Shares of China-based education companies took a beating in Friday, amid media reports that the Chinese government is mulling new regulations concerning after-school tutoring services.

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BEIJING, July 23, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today noted that certain English and Chinese language media outlets reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in China's compulsory education system. The regulations have not been published, and the Company has not received official notification of the regulations. It is the Company's policy not to comment on market speculations.

17 Education & Technology Group Inc. Responds to Media Reports

The stock price of 17 Education & Technology Group Inc (NASDAQ: YQ) fell by over 40% pre-market. This is why it happened.

YQ Stock Fell Over 40% Pre-Market: Why It Happened

Shares of several Chinese education stocks are trading lower following reports suggesting China will impose tougher restrictions on the private tutoring industry, including bans on vacation tutoring. Analysts from Morgan Stanley also downgraded the Chinese education stocks.

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17 Education & Technology Group Inc. (YQ) CEO Andy Chang Liu on Q1 2021 Results - Earnings Call Transcript

BEIJING, May 24, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced its unaudited financial results for the first quarter ended March 31, 2021.

17 Education & Technology Group Inc. Announces First Quarter 2021 Unaudited Financial Results

BEIJING, May 17, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2021, on May 24, 2021 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report First Quarter 2021 Unaudited Financial Results on May 24, 2021

17 Education & Technology Group Inc. (YQ) CEO Andy Chang Liu on Q4 2020 Results - Earnings Call Transcript

BEIJING, March 08, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2020.

17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

BEIJING, Feb. 26, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020, on March 8, 2021 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results on March 8, 2021

17 Education & Technology (YQ) stock is catching the interest of investors on Wednesday as shares see heavy trading following its IPO. The post 17 Education & Technology IPO: 9 Things to Know About Newly Public YQ Stock appeared first on InvestorPlace.

17 Education & Technology IPO: 9 Things to Know About Newly Public YQ Stock

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The first week of the December IPO market saw eight IPOs and ten SPACs raise $3.9 billion, led by Chinese education technology group 17 Education & Technology Group. Two companies, Ondas and AMMO Inc., completed uplistings on the Nasdaq.

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