Company Profile, Gaotu Techedu Inc, GOTU, NYSE Listed
Gaotu is a technology-driven education company and online large-class after-school tutoring service provider in China. The Company offers foreign language, professional and admission courses, and also offers K-12 courses covering all primary and secondary grades through the brand Gaotu K12. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China. Big data analytics permeates each aspect of the Company's business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency, GOTU develops and tailors its proprietary curriculum specifically to the online live large-class format with the goal of driving students' engagement and academic performance.
The Company designs courses in ways to inspire students' genuine interest and in-depth interactions, which in turn foster students' holistic development and thus better learning results. With superior education quality, GOTU's online K-12 large-class courses were priced at a significant premium compared to average online K-12 large-class courses in China in 2018, according to Frost & Sullivan.
GOTU applies latest technology to improve the mode of teaching delivery, student learning experience and operational efficiency. Big data analytics permeates each aspect of the Company's teaching staff training, course development and evaluation, and sales conversion process, which significantly improves education quality and student engagement and optimizes sales and marketing spending on prospective students. GOTU leverages advancements in artificial intelligence technology and its proprietary business & operations support system, or BOSS, to improve the productivity and effectiveness of its instructors and tutors.
Editor's Note: The only reason this stock has lost 95% of its value is because of a sudden change in the government policy on after-school private tutoring institutions.
Source: The Company, OxBridge Research, Daily Stock Deals, Penny Stock IQ
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