LAIX Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Wang Yi
- Full Time Employees
- 1,684
- Sector
- Technology
- Industry
- Software - Application
- Address
- 3/F, Building B, No. 1687 Changyang Road, Yangpu District Shanghai People's Republic of China 200090
- IPO Date
- Sep 27, 2018
- CIK
- 0001742056
- Website
- ir.laix.com
- Similar Companies
- Business
- LAIX Inc. provides artificial intelligence-driven online English learning products and services primarily in China through its proprietary AI teacher platform that utilizes deep learning, adaptive learning technologies, big data, and established pedagogies; its core offerings include the flagship English Liulishuo mobile app with personalized standard courses, DongNi English, Authentic Pronunciation, pronunciation correction, grammar correction, and vocabulary tools; LiuLi Reading app for article-based learning with quizzes; Kids Liulishuo for children's reading, hearing, and speaking enhancement; IELTS Liulishuo for speaking practice; LingoChamp app; and enterprise learning services for corporate customers, complemented by AI lab operations and technology development. Founded in 2013 and headquartered in Shanghai, China, the company formerly known as LingoChamp Inc. operates via mobile apps to deliver gamified, engaging experiences targeting individual learners and businesses across China. In October 2022, LAIX completed a going-private transaction through a merger with affiliates of its co-founders and investors including Tenzing Holdings 2011 Ltd. and Sino Avenue Limited at $1.90 per ADS, resulting in delisting from the NYSE, suspension of public trading, and a shift to private operations focused on streamlining its AI education platform.
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