About 51Talk
51Talk is a company based in Beijing (China) founded in 2011. 51Talk has raised $89 million across 5 funding rounds from investors including DCM, Shunwei Capital and Sequoia Capital. The company has 539 employees as of December 31, 2024. 51Talk has completed 2 acquisitions, including 91Waijiao and Koala Reading. 51Talk operates in a competitive market with competitors including Open English, Busuu, Tandem, Voxy and Speak, among others.
- Headquarter Beijing, China
- Employees 539 as on 31 Dec, 2024
- Stage Public
-
Sectors
Education
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name 51Talk Online Education Group Sponsored Adr
-
Annual Revenue
$50.72 M (USD)87.24as on Dec 31, 2024
-
Net Profit
-$7.24 M (USD)51.8as on Dec 31, 2024
-
EBITDA
-$7.91 M (USD)41.61as on Dec 31, 2024
-
Total Equity Funding
$89 M (USD)
in 5 rounds
-
Latest Funding Round
$20 M (USD), Series D
Jun 01, 2015
-
Investors
DCM
& 3 more
-
Employee Count
539
as on Dec 31, 2024
-
Investments & Acquisitions
91Waijiao
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of 51Talk
51Talk is a publicly listed company on the AMEX with ticker symbol COE in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of 51Talk
51Talk has successfully raised a total of $89M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 51Talk
51Talk has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include DCM, Shunwei Capital and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech-focused seed, early, and mid-stage VC investments are made globally.
|
Locked | Locked | Locked | |
|
Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
|
Locked | Locked | Locked | |
|
Sequoia Capital is engaged in venture capital investments.
|
Locked | Locked | Locked |
Investor details for 51Talk
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by 51Talk
51Talk has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 91Waijiao and Koala Reading.
Investment portfolio details for 51Talk
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Platform for development of reading skill for K-12
|
Locked | Locked | 2016 | Locked | |
|
Chinese learners are connected online with foreign English teachers.
|
Locked | Locked | 2013 | Locked |
Complete acquisition details for 51Talk
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - 51Talk
Detailed financials for 51Talk
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
51Talk Comparisons
Peer comparison for 51Talk
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of 51Talk
51Talk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Open English, Busuu, Tandem, Voxy and Speak, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Online platform providing live English classes
|
|
| Locked | Locked | Locked |
Social networking for language learning is enabled via mobile platform.
|
|
| Locked | Locked | Locked |
A language learning app facilitating user-driven conversation exchanges.
|
|
| Locked | Locked | Locked |
English language learning through online courses and tutoring
|
|
| Locked | Locked | Locked |
Speak is recognized as an AI-driven language learning application.
|
Detailed competitors of 51Talk
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on 51Talk
Complete news archive for 51Talk
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about 51Talk
51Talk was founded in 2011.
51Talk is headquartered in Beijing, China.
51Talk is a funded company, having raised a total of $89M across 5 funding rounds to date.
As of Dec 31, 2024, the latest employee count at 51Talk is 539.
Annual revenue of 51Talk is $50.72M as on Dec 31, 2024.
51Talk was founded in 2011 in Beijing, China, within the online education sector. One-to-one English lessons are delivered via an e-learning platform, featuring teachers mainly from Southeast Asian countries who speak English natively. Affordable courses are made available to users. Offline experience centers are being established in first-tier cities like Beijing and Shanghai to expand operations, mirroring strategies adopted by competitor Hujiang.
Yes, 51Talk is publicly traded on AMEX under the ticker symbol COE.
51Talk has made 2 acquisitions, including 91Waijiao, and Koala Reading.
51Talk has 4 investors. Key investors include DCM, Shunwei Capital, Sequoia Capital, and Zhen Fund.
The ticker symbol of 51Talk is COE on AMEX.