About New Oriental Education and Technology Group
Founded in 1993 by Yu Minhong, the company is headquartered in Beijing, China, and operates in the education sector. A range of services and products for students from early childhood through adult learning is offered, focusing on test preparation, language training, and tutoring. In 2020, annual revenues of 3.6 billion were recorded, alongside a net profit of 379.6 million. Operations extend primarily within China, with an online presence via neworiental.org.
- Headquarter Beijing, China
- Founders Yu Minhong
- Stage Public
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Sectors
Education
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name New Oriental Education & Technology Group, Inc. Sponsored Adr
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Annual Revenue
$4.91 B13.81as on May 31, 2024
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Net Profit
$372.44 M20.29as on May 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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IPO & Listings of New Oriental Education and Technology Group
New Oriental Education and Technology Group is a publicly listed company on the NYSE with ticker symbol EDU in USA, operating in the Consumer 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.
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Funding Insights of New Oriental Education and Technology Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by New Oriental Education and Technology Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - New Oriental Education and Technology Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
New Oriental Education And Technology Group Comparisons
Competitors of New Oriental Education and Technology Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on New Oriental Education And Technology Group
Frequently Asked Questions about New Oriental Education and Technology Group
When was New Oriental Education and Technology Group founded?
New Oriental Education and Technology Group was founded in 1993.
Where is New Oriental Education and Technology Group located?
New Oriental Education and Technology Group is headquartered in Beijing, China.
What is the annual revenue of New Oriental Education and Technology Group?
Annual revenue of New Oriental Education and Technology Group is $4.91B as on May 31, 2024.
What does New Oriental Education and Technology Group do?
Founded in 1993 by Yu Minhong, the company is headquartered in Beijing, China, and operates in the education sector. A range of services and products for students from early childhood through adult learning is offered, focusing on test preparation, language training, and tutoring. In 2020, annual revenues of 3.6 billion were recorded, alongside a net profit of 379.6 million. Operations extend primarily within China, with an online presence via neworiental.org.
Is New Oriental Education and Technology Group publicly traded?
Yes, New Oriental Education and Technology Group is publicly traded on NYSE under the ticker symbol EDU.
What is New Oriental Education and Technology Group's ticker symbol?
The ticker symbol of New Oriental Education and Technology Group is EDU on NYSE.
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