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China Online Education Group ( (COE) ) has shared an update.
51Talk Online Education Group reported significant financial growth for the year 2024, with gross billings increasing by 74.4% and net revenues rising by 87.0% compared to 2023. The company also saw a substantial increase in active students, reflecting its successful expansion and integration of AI technologies to improve operational efficiency. The fourth quarter of 2024 showed a notable improvement in financial metrics, including a reduction in operating losses and an increase in gross margin, positioning the company for further growth and market expansion.
More about China Online Education Group
51Talk Online Education Group is a global online education platform specializing in English education. The company focuses on providing English language courses and services to a diverse student base, leveraging technology to enhance learning experiences.
YTD Price Performance: 17.35%
Average Trading Volume: 18,081
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $137M
Find detailed analytics on COE stock on TipRanks’ Stock Analysis page.