Posted by: Tom Telford on Nov 17 2009

Educational resources and services provider China Education Alliance (NYSE Amex:CEU) booked net income of $4.17 million for the third quarter of 2009, up 51.4% year-on-year. The company generated $10.23 million in revenues in the quarter, an increase of 43.3% compared with the same quarter last year...

Posted by: Sijia Xie on Nov 13 2009

Beijing-based educational software company Ambow Education has agreed with marketing information company J.D. Power and Associates, a subsidiary of The McGraw-Hill Companies (NYSE:MHP), to conduct vocational education and training in Dalian, Liaoning province, Ambow announced November 11...

Posted by: Tom Telford on Nov 10 2009

Shenzhen-based electronic dictionary and mobile learning device maker Noah Education Holdings (NYSE:NED) has appointed one of the company's founders, Benguo Tang, as its new President and chief operating officer (COO) and extended Executive Vice President Jerry He's role to include that of chief financial officer (CFO)...

Posted by: Tom Telford on Nov 09 2009

Computer-based testing services provider ATA Inc. (Nasdaq:ATAI) reported a GAAP net loss of RMB 16.2 million ($2.4 million) for company's fiscal second quarter ended September 31, compared with net income of RMB 12.69 million in the prior quarter and RMB 8.35 million in the year-ago period...

Posted by: Sophia Fu on Nov 04 2009

Educational training company Wuhan Xindongtai Technology Development has acquired English training institute Guangzhou Linguaphone, which has 2,000 students in three teaching centers and more than 100 employees, reports ChinaVenture...

Posted by: Tom Telford on Oct 23 2009

Chongqing-based online payment company Pay88, Inc's wholly owned subsidiary Qianbao Technology has signed a letter of intent with People Impact International (PII) to market PII's popular online learning program, "e@Leader", Pay88 announced October 23...

Posted by: Ana Swanson on Oct 20 2009

Private education company New Oriental (NYSE:EDU) reported GAAP net income of $57.1 million for its first fiscal quarter of 2010, ended August 31. Net income rose by 27.1% year-on-year, while total net revenues increased by 26.3% year-on-year to $149.4 million in the quarter...

Posted by: Tom Telford on Oct 15 2009

Beijing-based BJB Career Education, a online IT vocational education subsidiary of Peking University-founded Beida Jade Bird Group, has filed with the U.S. Securities Exchange Commission to issue an initial public offering on the New York Stock Exchange (NYSE) under the ticker "BJB"...

Posted by: Sophia Fu on Oct 13 2009

Beijing-based early education company Babycare.cn has completed second-round funding of several millions of US dollars led by Vertex Venture Holdings (Vertex Group), reports Shanghai Securities News. The company received Series-A funding from the CID Group, said the report...

Posted by: Tom Telford on Oct 09 2009

Shenzhen-based electronic dictionary and mobile learning device maker Noah Education Holdings (NYSE:NED) will invest $1 million in Franklin Electronic Publishers (AMEX:FEP) through acquisition of shares in Franklin senior management-held Saunders Acquisition Corporation, and will purchase 800,000 Franklin shares from Shining Sea Limited for $2 million, Noah announced October 8...

Posted by: Ana Swanson on Sep 24 2009

Educational resources and services provider China Education Alliance (NYSE Amex:CEU) intends to offer $17.39 million in shares of its common stock and will grant underwriters an option to purchase an additional $2.6 million in common stock, the company said Wednesday...

Posted by: Tom Telford on Sep 22 2009

Beijing-based educational service provider ChinaEdu Corporation (Nasdaq:CEDU) plans to reinstate a share buyback program authorized by the company board in June 2008, according to a company announcement issued September 21...

Posted by: Melody Jiang on Sep 08 2009

Xueersi.com, a Beijing-based educational training site focused on primary and middle school students, has received second-round funding of $40 million from Tiger Global Management and KTB Ventures, reports ChinaVentures quoting the company's September 5 announcement...

Posted by: Tom Telford on Sep 04 2009

Computer-based testing services provider ATA Inc. (Nasdaq:ATAI) booked net income in the quarter ended June 30, 2009, the company's fiscal first quarter, of RMB 12.7 million ($1.9 million) up 1.9% year-on-year...

Posted by: Jessica Jin on Aug 26 2009

Shanghai-based children's training company Everlearn Group plans to overseas list in 2011, probably in the U.S., reports Shanghai Securities News quoting company CEO Liu Huiqing. The group's annual income is nearly RMB 200 million, said the report...