17 Education & Technology Group, Inc.

Nasdaq : YQ

Provides online K-12 tutoring services in China.

  • Filed 13-11-2020
  • Set Terms --
  • IPO Date 04-12-2020
  • Lock Up 05-03-2021
Текущая цена
1.68 $
Текущая доходность
-84 %
Доходность за 1 день торгов
0.67 %
Доходность по итогам
Lock up периода
16.95 %
Рейтинг от IPO.one:
Дата IPO
04-12-2020
Объем размещения
27 400 000
Размер сделки ($M)
288
Диапазон цены
9.5-11.5 $
Цена IPO
10.5 $
Lock Up
05-03-2021
Год основания
2012
Головной офис
Beijing, China
Веб сайт
Юристы
Kirkland & Ellis Skadden Arps Maples Tian Yuan Law CM Law
Аудитор
Deloitte
Андеррайтер
Goldman (Asia)

Описание компании

We are a leading education technology company in China with an “in-school + after-school” integrated model. Our smart in-school classroom solution delivers data-driven teaching, learning and assessment products to teachers, students and parents across over 70,000 K-12 schools, with the number of average MAUs of our products exceeding that of the next four top players combined in the first half of 2020, making us the clear market leader in China according to the Frost & Sullivan Report. In particular, we covered approximately 56% of the primary schools, 60% of the middle schools and 7% of the high schools using smart in-school classroom solutions in China in the first half of 2020, according to the Frost & Sullivan Report. Leveraging our in-school leadership, we offer online K-12 large-class after-school tutoring services that complement students’ in-school learning. We rapidly became a top five online K-12 large-class after-school tutoring service provider in China in terms of both paid course enrollments and gross billings in 2019 and the first half of 2020, according to the Frost & Sullivan Report. Powered by our integrated model and technology, our online K-12 large-class after-school tutoring courses stand out in terms of our unique approach to personalization realized through our data-driven understanding of individual students’ in-school performance, as well as our district-level localized insights.