Recent events
Recent events tied to this brand in public sources.
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2021
51Talk launches a comprehensive development course
51Talk launched “51综合素养课,” a small-group course for young learners taught by Chinese teachers, intended to develop spoken English skills and reading habits.
2021
Beijing authorities penalize three private tutoring providers
Beijing market-regulation authorities reported penalizing Xueda, ABC Foreign Language Training School and 51Talk among several private tutoring providers for conduct including illegal advertising, operating without a license, pricing violations and unfair competition; the text does not specify which listed conduct applied to each provider.
2021
51Talk fined for illegal advertising
The Shijingshan District Market Supervision Bureau fined Beijing Dasheng Zhixing Technology Co., Ltd. 500,000 yuan for illegal advertising. The report says advertisements on its website from January through April used claims about improving grades and English ability that violated advertising law.
2021
51Talk announces agreement to acquire Kaola Reading
China Online Education Group, known as 51Talk, announced a definitive agreement to acquire all equity interests in Kaola Reading through a private placement of Class A ordinary shares. The transaction was expected to close in the first half of 2021, subject to customary closing conditions.
2021
51Talk launches online English education system
At its tenth-anniversary strategic conference, 51Talk announced the launch of a new online English education system.
2020
51Talk completes donation of medical supplies in the Philippines
51Talk donated medical supplies valued at 750,000 yuan to the Philippines. The supplies included protective clothing and nucleic acid testing reagents and were delivered to support local hospitals.
2019
51Talk reports third-quarter 2019 results
51Talk released its third-quarter 2019 financial results, reporting net revenue of RMB 409.2 million and that its one-to-one business achieved non-GAAP profitability for the first time.