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51Talk Records Robust Growth in 2023

51Talk Records Robust Growth in 2023

China Online Education Group (COE) has released an update.

51Talk Online Education Group has reported a significant year-on-year growth for the full year and fourth quarter of 2023, with a 38.4% increase in gross billings and an 81.4% rise in net revenues for the year. The company also saw a substantial increase in active students, with a 93.9% growth annually, demonstrating the success of its global expansion in the online English education sector.

For further insights into COE stock, check out TipRanks’ Stock Analysis page.

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