LAIX Inc.
LAIXY
Other OTC1.70
USD
-0.20
- -
LAIX Inc.
LAIXY
(Other OTC)
Recent
price
1.70
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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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.- Similar Companies
- Business
- LAIX Inc. LAIX Inc. (OTC: LAIXY), an artificial intelligence-driven education technology company, creates and delivers online English learning products and services primarily in the People's Republic of China. The company offers a suite of AI-powered mobile applications, including its flagship English Liulishuo app with free leisure courses, paid personalized standard courses such as DongNi English and DongNi English A+, Authentic Pronunciation, customized pronunciation and grammar correction, vocabulary notebooks, and real-time feedback systems powered by proprietary speech recognition, multi-dimensional evaluation engines, and adaptive deep learning technologies; LiuLi Reading app for reading articles with learning tips and quizzes; Kids Liulishuo for children's reading, listening, and speaking skills; IELTS Liulishuo for speaking practice tests; LingoChamp app; and enterprise learning services for corporate customers, alongside AI lab operations, technology development, and marketing support. LAIX Inc. was founded in 2013, formerly known as LingoChamp Inc., and is headquartered in Shanghai. In a major strategic shift, LAIX Inc. completed a going-private merger transaction with Laix Infinite Co. Ltd. and related parties including its founders in 2022, delisting its American depositary shares from the OTC market and becoming a privately held company wholly owned by the buyer group, with no reported significant acquisitions, partnerships, funding rounds, or operational expansions since that time. The company targets individual learners across age groups and enterprises, operating mainly in China through mobile platforms that integrate gamified content, social features, and pedagogically sound courses to deliver personalized, engaging English education.