RISE Education Cayman Ltd
NASDAQ Global MarketCapital 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
- Lihong Wang
- Full Time Employees
- 3,621
- Sector
- Consumer Defensive
- Industry
- Education & Training Services
- Address
- Beijing People's Republic of China 100062
- IPO Date
- Oct 20, 2017
- CIK
- 0001712178
- Website
- risecenter.com
- Similar Companies
- Business
- RISE Education Cayman Ltd, a Cayman Islands-incorporated holding company founded in 2007 and headquartered in Beijing, China, provides junior English language training and comprehensive ability development services under the RISE brand primarily to students aged three to 18 through its subsidiaries; core offerings include flagship English courses such as Rise Start for ages three to six, Rise On for ages seven to twelve, and Rise Up for ages 13 to 18, alongside complementary short-term programs, academic tutoring, test preparation, educational consulting, sale of course materials, franchise services, and study tours. The company operates in China's junior English Language Training market, with additional presence in Hong Kong and Singapore, and as a subsidiary of Bain Capital Rise Education IV Cayman Limited, it targets K-12 students and families seeking holistic skill enhancement including reading, writing, logical thinking, problem-solving, leadership, and future learning competencies. Recent strategic shifts encompass a 2022 reverse merger with Data Auto Inc. (NaaS Technology Inc.), through which RISE Education Cayman Ltd facilitated NaaS's Nasdaq listing under the continued REDU ticker while undergoing substantial dilution of legacy shareholders to 7.1% ownership; post-merger, the entity maintains educational operations amid China's regulatory environment for after-school tutoring, alongside 2024 product expansions into diversified online-offline scenarios such as Reading Adventure for phonics and grammar, Paipaiqu Thinking math courses based on Hua Luogeng pedagogy for ages three to nine, RISE Children's Centers for immersive ability-building activities, and Le Yu Dong parent-child sports spaces for ages two to 12, earning accolades including 2024 Parent Trusted Brand,新华网 AI innovation case, and GET Quality Education Award.
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