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METX - Meten EdtechX Education Group Ltd
$1.95
-0.21(-9.72%)8:50:37 PM 1/27/2021
Meten EdtechX Education Group Ltd. provides English language training (ELT) services in the People's Republic of China. It operates through four segments: General Adult English Training, Overseas Training Services, Online English Training, and Junior English Training. The company delivers English language and future skills training for Chinese students and professionals. It offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name through a digital platform and network of learning centers. As of December 31, 2019, the company had a network of 148 learning centers covering 36 cities in 18 provinces, autonomous regions, and municipalities. Meten EdtechX Education Group Ltd. was founded in 2006 and is based in Shenzhen, the People's Republic of China.
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    01/26/2021METX
    Meten EdtechX Launches SVIP Courses to Address High-End Adult ELT Market

    SHENZHEN, China, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that the Company has launched SVIP courses to address the high-end adult ELT market. As China continues its globalization efforts, the demand for international communication is becoming more urgent than ever and thus, the high-end adult ELT market has tremendous p...

    01/19/2021METX
    Meten EdtechX Establishes TikTok Multi-Channel Network to Address Digital Education Market

    SHENZHEN, China, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that it has established the TikTok multi-channel network (“MCN”) to address the digital education market. Likeshuo, the online ELT platform incubated by Meten EdtechX, established the TikTok MCN in August 8, 2020 and has been providing internet celebrity ELT short...

    01/8/2021METX
    Meten EdtechX Announces Completion of its Offer to Exercise Warrants at a Reduced Price

    SHENZHEN, China, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced it successfully completed a tender offer for its Warrants to purchase Ordinary Shares at a reduced exercise price of $1.40. The offer expired at 11:59 p.m. Eastern time on January 5, 2021. Meten EdtechX raised $6,192,286.80 in gross proceeds from the cash exercis...

    01/6/2021METX
    Meten EdtechX Announces Change of Auditor

    SHENZHEN, China, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service provider in China, today announced the appointment of Audit Alliance LLP (“Audit Alliance”) as the Company’s independent auditor [effective on January 7, 2021]. Audit Alliance replaces KPMG Huazhen LLP (“KPMG”), previously the independent auditor for the Company. The appointment of Audit Alliance was made aft...

    12/31/2020METX
    Meten EdtechX Provides Update of its “ABC” Brand

    The gross billing of ABC junior ELT in November 2020 increased by approximately 10% on a year-on-year basis SHENZHEN, China, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today provided update of its “ABC” brand. After the acquisition of ABC Education Group, a junior ELT service provider operating under the “ABC” brand, in 2018, the Company...

    12/30/2020METX
    Meten EdtechX Launched Pre-Sale Korean and Spanish Courses on Likeshuo Platform

    SHENZHEN, China, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that it has officially launched pre-sale Korean and Spanish courses on its online platform "Likeshuo" on December 23, 2020, further implementing the Company’s growth strategy of diversified minority languages. The Company reserves the copyright of the Korean and S...

    12/29/2020METX
    Meten EdtechX was Accredited as the “2020 – 2021 Most Famous Brand in the International Education Industry”

    SHENZHEN, China, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that its overseas training services was accredited as the “2020-2021 Most Famous Brand in the International Education Industry” by the Overseas Education Research Center of the China Education Think Tank Alliance, the Development Research Committee of Overseas Edu...

    12/28/2020METX
    Meten EdtechX Waives Condition to its Offer to Exercise Warrants at a Reduced Price

    SHENZHEN, China, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that it has waived a condition to its previously announced offer to exercise (“Offer to Exercise”) certain warrants (the “Warrants”) at a reduced price of $1.40 per share. The Company has waived the condition requiring that at least sixty-five percent (65%) of the...

    12/23/2020METX
    Meten EdtechX Remains Strong Growth of its "BiGao" Exam Preparatory Product

    Meten EdtechX’s Exam Production Line Has Formed a Complete Business Close-loopSHENZHEN, China, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced the latest business development of its exam preparatory product segments, demonstrating that the performance of the "BiGao" exam preparatory product (“BiGao”) for middle school students ...

    12/22/2020METX
    Meten EdtechX Generated over RMB10 million in Gross Billings During the “Double 12” Nationwide Promotion Activity on Tmall.com

    Meten EdtechX is actively developing new marketing strategySHENZHEN, China, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that the Company, through its online ELT platform, “Likeshuo”, had generated over RMB10 million in gross billings during the 12-day “Double 12” nationwide promotion activity on Tmall.com from December 1 to...