- FY2Q2021 revenue and XRS online growth fell below consensus expectations.
- In 2020, the online K12 education market size in China reached CNY 89 billion, with a year-on-year increase of 37.6%.
- Unlike its nemesis New Oriental, TAL's investment amount into other firms has been continuously decreasing since 2016.
- With COVID-19 reshaping the market, tech giants have started to make big moves into the digital education industry.
- We do not see the company handling the upcoming tough competition within the industry but are rather optimistic about its business capabilities and steady growth.
For further details see:
TAL Education: Not Ready To Handle A New Wave Of Market Rivalry