17EdTech Hits USD 104 Million in Revenue for Q2 2020The Chinese edtech firm’s K-12 tutoring service contributes 98.7% of its revenue
17EdTech released its Q2 earnings report for the period ended June 30, 2021, on September 23.
- Net revenue was CNY 671 million, a 147.2% year-over-year increase.
- Net revenues of K-12 tutoring service increased 163.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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−3.33 USD
−26.81 M USD
26.29 M USD
6.39 M
About 17 Education & Technology Group Inc.
Sector
Industry
CEO
Chang Liu
Website
Headquarters
Beijing
Founded
2012
FIGI
BBG00Y6G4ZC8
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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