Hujiang

Hujiang (沪江) is a Chinese online education company founded in 2001 by Fu Cairui (also known as Ah Nuo). It started as a language-learning blog and grew into a comprehensive online education platform. Its flagship product, Hujiang Web School (沪江网校), offers courses in 13 foreign languages including English, Japanese, Korean, French, German, Spanish, Thai, Russian, and Italian, as well as exam preparation for postgraduate entrance exams, professional certifications, and interest-based learning. The platform also provides learning tools such as Kaixin Cichang (开心词场) for vocabulary, Xiaod Dictionary (小D词典), and Tingli Ku (听力酷) for listening practice. Hujiang is headquartered in Shanghai and operates primarily in China. It has partnerships with well-known universities and publishers. The company filed for an IPO on the Hong Kong Stock Exchange in 2018, but the application lapsed. Hujiang remains a private company and continues to serve millions of users.

Hujiang was founded in 2001 by Fu Cairui, a student at Shanghai University of Science and Technology, initially as a personal blog for sharing language-learning resources. The name 'Hujiang' is derived from 'Shanghai' (沪) and 'Yangtze River' (江). The platform quickly gained popularity among Chinese learners. In 2006, Hujiang was incorporated as a company. In 2009, it launched Hujiang Web School, a structured online course platform. Over the years, Hujiang expanded its offerings to include 13 foreign languages, exam preparation, and professional skills. It also developed mobile apps like Kaixin Cichang and Xiaod Dictionary. In 2018, Hujiang filed for an IPO on the Hong Kong Stock Exchange, aiming to raise funds for expansion, but the application lapsed in 2019. Despite this, Hujiang continues to operate as a major online education platform in China.

• 2019

  IPO application lapsed

• 2018

  Filed for IPO on Hong Kong Stock Exchange

• 2009

  Launched Hujiang Web School

• 2006

  Incorporated as a company

• 2001

  Founded as a language-learning blog by Fu Cairui

An online language education brand for Chinese-speaking users.

• Hujiang Web School

  Online course platform offering 13 foreign languages, exam prep, and professional skills.

• Kaixin Cichang

  Vocabulary learning app.

• Xiaod Dictionary

  Dictionary app.

• Tingli Ku

  Listening practice tool.

• 2019

  Massive layoffs and IPO bet rumors spark controversy; company denies exaggerated claims

  In March 2019, Hujiang was rumored to have laid off 95% of its staff and to have failed an IPO bet. The company denied the figures and the bet, stating that there had indeed been consolidation of loss-making businesses and position adjustments. This entry records the employment and public relations controversy without presenting online layoff percentages or bet rumors as fact.

  Source

Read more

1. 1沪江网校-英日法韩13国外语、考研留学、职场兴趣在线学hujiang.com
2. 2Massive layoffs and IPO bet rumors spark controversy; company denies exaggerated claimschinanews.com
3. 3Massive layoffs and IPO bet rumors spark controversy; company denies exaggerated claimscapital.people.com.cn