New Oriental Education & Technology Group Inc. (Chinese: 新东方教育科技集团, NYSE: EDU, SEHK: 9901), more commonly New Oriental (Chinese: 新东方), is a provider of private educational services in China. The headquarters of New Oriental is located in Haidian District, Beijing.[2] It is currently the largest comprehensive private educational company in China based on the number of program offerings, total student enrollments, and geographic presence.[3] The business of New Oriental includes pre-school education, general courses for students of various age levels, online education, overseas study consulting, and textbook publishing. New Oriental was the first Chinese educational institution to enter the New York Stock Exchange in the United States, holding its IPO in 2006.[4] As of 2016, New Oriental has built 67 short-time language educational schools, 20 book stores, 771 learning centers, and more than 5,000 third-party bookstores in 56 cities in China. New Oriental has had over 26.6 million student enrollments, including over 1.3 million enrollments in first quarter 2017.[5] The company's market capitalization was approximately US$14 billion.[6]
The company has been investing heavily in online education since 2015.[7]
^"Investor Kit: 2016 Annual Report". investor. NewOriental.org. Archived from the original on 2017-07-03. Retrieved 2016-05-14.
^"Contact". New Oriental. Retrieved 2022-01-10. No.6 Haidian Zhongjie, Haidian District, Beijing 100080 PRC - Chinese address: "北京市海淀区海淀中街6号新东方大厦9层"
^"Corporate Fact Sheets - New Oriental". New Oriental Official Site - xdf.cn. July 2018. Retrieved December 11, 2023.
^"US-listed Chinese Education Stocks Total 11, Market Cap $7.5 Billion". Business Insider Inc. 4 August 2011. Retrieved 16 July 2016.
^"Investor Kit: Q3 2017 Earnings Release". investor. NewOriental.org. Archived from the original on 2017-07-03. Retrieved 2016-05-14.
^"EDU: New Oriental Education & Technology Group Inc Stock Price Quote - New York - Bloomberg Markets". Bloomberg News. Archived from the original on 2022-07-26.
^Wang, Yue. "China's New Oriental Education Presses Ahead With Online Education". Forbes. Retrieved 2023-12-18.
NewOriental Education & Technology Group Inc. (Chinese: 新东方教育科技集团, NYSE: EDU, SEHK: 9901), more commonly NewOriental (Chinese: 新东方), is a provider of...
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