51Talk releases 2022 annual performance report: AI will transform online education
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Wednesday, April 5, 2023
Singapore, Singapore, April 05, 2023 (GLOBE NEWSWIRE) -- 51Talk Online Education Group (“51Talk” or the “Company”) (NYSE: COE), a global online education platform with core expertise in English education, announced its unaudited results for the third quarter ended September 30, 2022, and the fourth quarter and full year ended December 31, 2022.
Key Points:
- Singapore, Singapore, April 05, 2023 (GLOBE NEWSWIRE) -- 51Talk Online Education Group (“51Talk” or the “Company”) (NYSE: COE), a global online education platform with core expertise in English education, announced its unaudited results for the third quarter ended September 30, 2022, and the fourth quarter and full year ended December 31, 2022.
- The Company has announced that the change of the Company’s legal name from China Online Education Group to 51Talk Online Education Group was approved and adopted by way of annual general meeting on September 30, 2022.
- Net revenues were US$15.0 million for the full year 2022 and gross margin was 78.8% for the full year 2022.
- On September 30th, our shareholders approved the proposal of changing our legal name from China Online Education Group to 51Talk Online Education Group.