Company:GSX Techedu

From HandWiki
GSX Techedu Inc.
TypePublic
NYSEGOTU
Founded2014; 10 years ago (2014) in Beijing, China
Key people
Xiang Dong Chen (Chairman and CEO)
RevenueUS$304M[1] (2019)
US$31M[1] (2019)
Number of employees
6435

GSX Techedu (GOTU; from the initials of 跟谁学, Genshuixue) is a Chinese education technology company offering online tutoring services for K-12 students, along with foreign language and professional training courses for adults. The company was founded in 2014 by Xiang Dong Chen.[2] Its primary product is the online education platform Genshuixue.[3]

GSX is currently under investigation by the U.S. Securities and Exchange Commission after more than a dozen research reports came out in 2020 accusing GSX of inflating its revenue numbers.[4] These critical reports included ones from short-selling firms such as Muddy Waters Research.[5][6]

References