Business
Meten EdtechX Maintains the No. 2 Language Training Service Sales During China's 618 Shopping Festival on Tmall.com
SHENZHEN, China, June 25, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading
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[{"type":"text","content":"SHENZHEN, China, June 25, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (\"Meten EdtechX\" or the \"Company\"), one of the leading omnichannel English language training (\"ELT\") service providers in China, today announced that its online ELT platform, \"Likeshuo,\" maintained the No.2 language training sales[1] among all language training service providers who participated China's 618 Shopping Festival on Tmall.com. Likeshuo generated over RMB 10 million in gross billings during China's 618 Shopping Festival from June 1 to June 20, 2021.\nMeten EdtechX launched its online ELT platform, Likeshuo, in 2015 and integrated high-quality online teaching in small-class settings and immersive teaching by foreign teachers from native English-speaking countries. Likeshuo has also successively covered Japanese and other minority language training markets. \n[1] Ranking based on gross billings from June 1 to June 20, 2021 on Tmall.com. \nAbout Meten EdtechX\nMeten EdtechX is one of the leading ELT service providers in China, delivering English language and skills training for Chinese students and professionals. Through a sophisticated digital platform and a nationwide network of learning centers, the Company provides its services under three industry-leading brands: Meten (adult and junior ELT services), ABC (primarily junior ELT services), and Likeshuo (online ELT). The Company offers superior teaching quality and student satisfaction, served by cutting-edge technology deployed across its business, including AI-driven centralized teaching and management systems that record and analyze learning processes in real time.\nThe Company is committed to improving the overall English language competence of the Chinese population to keep abreast of the rapid development of globalization. Its experienced management is focused on further developing its digital platform and expanding its network of learning centers to deliver a continually evolving service offerings to a growing number of students across China.\nFor more information, please visit: https://investor.metenedu-edtechx.com.\nSafe Harbor Statement\nThis announcement contains forward-looking statements that involve risks and uncertainties. These statements are made under the \"safe harbor\" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These...