China Online Education Group
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China Online Education Group - overview
Established
2011
Location
Shenzhen, Guangdong, China
Primary Industry
Education/Training
About
Founded in 2011 and based in Shenzhen, China, China Online Education Group operates as an education service company that focuses on providing online English training and learning services. The company has a branch office in Wuhan. The company cooperated with SIMENS, EMERSON, and other enterprises. In August 2015, China Online Education Group raised a series D funding for USD 20 million.
In June 2016, the company was listed on the New York Stock Exchange. It participated in the formulation of the Group Standards for the Management of Foreign Teachers in Online Education in October 2020. China Online Education Group is mainly engaged in online English training-related services. It provides 1-on-1 English learning services with foreign teachers.
Students can interact and learn with real foreign teachers overseas through computers and headphones. Its courses are divided into five categories: major courses, professional courses, and open courses. It also developed online classrooms AirClass, teaching apps, and other products. The company generates revenue by providing online English training and related services.
Current Investors
Shunwei Capital, Fujian Venture, Sequoia
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Education & Training Website
Website
www.51talk.cn
Verticals
Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
China Online Education Group - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 52,210,000 | 154,675,000 | 418,281 | 847,993 | 1,145,517 | - | - | - |
| % Revenue Growth (YoY) | - | 196.3% | (99.7%) | 102.7% | 35.1% | - | - | - |
| EBITDA (USD) | (92,195,000) | (314,399,000) | (495,553) | (541,783) | (371,711) | - | - | - |
| Operating Income (USD) | (93,607,000) | (321,830,000) | (512,132) | (570,790) | (404,681) | - | - | - |
| Operating Margin | (179.3%) | (208.1%) | (122.4%) | (67.3%) | (35.3%) | - | - | - |
| % EBITDA Margin | (176.6%) | (203.3%) | (118.5%) | (63.9%) | (32.4%) | - | - | - |
| NET Income (USD) | (101,702,000) | (327,086,000) | (514,778) | (580,811) | (416,694) | - | - | - |
| % Net Margin | (194.8%) | (211.5%) | (123.1%) | (68.5%) | (36.4%) | - | - | - |
China Online Education Group - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chief Executive Officer | BM |
BM Board Member
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