BEIJING, June 30, 2020 — A news report by China.org.cn on China’s remote graduation under COVID-19:   Graduation season is drawing near. However, with COVID-19 still lurking, most Chinese universities are yet to resume to normal. This has caused substantial obstacles for both graduation ceremonies and graduates looking…
Sweeping Workplace Changes Expected in a Post-pandemic World, Says Research From The Adecco Group
Businesses and workers call for greater flexibility, questions raised over the hours-based contract, and a new empathetic leadership profile emerges ZURICH, June 30, 2020 — Workers demand greater flexibility after coronavirus, with a 50/50 split of remote and office time confirmed as…
KAIST Forum Envisions Education in the Post-COVID Era
Global leaders including the CEOs of Minerva and Coursera to join the KAIST online forum to discuss how to facilitate inclusive educational environment amidst the ever-growing digital disparities DAEJEON, South Korea, June 22, 2020 — An international forum hosted by the KAIST Global Strategy Institute will examine how the disruptions…
CDEL Announces Formation of Independent Special Committee to Review Preliminary Non-Binding Proposal to Acquire the Company
BEIJING, June 22, 2020 — China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education and value-added services for professionals and corporate clients in China, today announced that its board of directors (the "Board") has formed a special committee (the "Special Committee") consisting…
New Oriental Announces Proposed Debt Offering
BEIJING, June 22, 2020 /PRNewswire-Asia/ — New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced the proposed offering of senior notes outside the United States in reliance on Regulation S under the Securities Act of 1933,…
Bright Scholar Embarks on OMO Strategy and to Launch Virtual “Future Global School”
FOSHAN, China, June 17, 2020 /PRNewswire/ — Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE:BEDU), a global premier education service company, today hosted an online press conference to announce the launch of its virtual "Future Global School" (the "School"), an online school focusing on international curriculums.
Leveraging the rich offline international education resources of Bright Scholar, the "Future Global School" will adopt the Online-Merge-Offline (the "OMO") model for the international curriculum to create new learning experience for potential students around the globe. Students can take all or some classes online, and complete other classes and activities in physical schools within the Bright Scholar global network or physical schools of their choice.
The online school aims to mirror the ethos of Bright Scholar schools via an interactive and intelligent Learning Management System to deliver high quality international curriculums including A-Level, Cambridge English for Young Learners, Cambridge English for General and Higher Education from September 2020, and will start AP and IB courses in the near future.
Mr. Nelson Chen, the Future Global School’s Principal, comments, "Our A-Level curriculum of the School are well suited for students in Grade 11 and Grade 12 whether they are current students of Bright Scholar schools or outside our school network. Upon completion of the courses, candidates will be eligible to participate in the official A-Level exam. They can eventually apply overseas universities with their A-Level results, school transcript and language test results."
Mr. Jerry He, Executive Vice Chairman of Bright Scholar, comments, "Bright Scholar has been investing in digital innovation with focus on education technology in recent years. The launch of the virtual ‘Future Global School’ with OMO model represents a major milestone in utilizing technology to increase access to high quality education for international learners, ushering a new age of learning. The ‘Future Global School’ will significantly improve the learning experience of our students in the face of pandemic, and accelerate the sharing of knowledge, expertise, resources and teachers across our global network of schools."
About Bright Scholar Education Holdings Limited
Bright Scholar is a global premier education service company, dedicated to providing quality international education to global students and equipping them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China. As of February 29, 2020, Bright Scholar operated 80 schools across ten provinces in China and eight schools overseas, covering the breadth of K-12 academic needs of its students. In the six months ended February 29, 2020, Bright Scholar had an average of 51,879 students enrolled at its schools.
IR Contact:
GCM Strategic Communications
Email: [email protected]
Media Contact:
Email: [email protected]
Phone: +86-757-6683-2507
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Chinese online learning platform ClassIn and Sony Global Education team up to develop Japan’s post-pandemic teaching system
BEIJING, June 16, 2020 /PRNewswire/ — EEO (Empower Education Online) and Sony Global Education have formed a strategic alliance that will utilise EEO’s, and the world’s largest interactive online education platform, ClassIn, to build a complete OMO (Online-merge-Offline) teaching framework for Japan’s education system.
With the coronavirus pandemic having stabilized in the country, Japan’s students have been returning to school since early April. Most schools are now reopened.
Yet the sudden school closures announced at the end of February that plunged the country’s schools, teachers, students and their parents into a mad scramble for alternatives, exposed the fact that Japan had fallen behind much of the world in introducing technology into the classroom, regardless of a global reputation for innovation.
Once the restrictions and mass lockdowns intended to stop the spread of Covid-19 began being enforced in China in February, then in Japan, South Korea and other countries, EEO’s online learning platform ClassIn witnessed a sudden explosion in usage and business, as schools clutched at new online solutions to keep children in class.
The number of overseas clients, mostly educational institutions in South-East Asia, doubled following the outbreak, while new business continues to emerge from countries such as Indonesia, Vietnam and Singapore.
ClassIn, with its capacity to be adopted across many different learning environments, is, in fact, tailor-made to a global pandemic.
In a few easy steps, teachers and students are able to set up one-to-many online interactive courses and video communication from a laptop. Thus, it enables schools, even in the midst of a global health crisis, to continue teaching, while at the same time providing students a new experience that will hopefully stimulate and motivate them to learn and communicate more while stuck at home.
Not only that, but teachers and students have been responding increasingly positively to the new online learning format and its fun, functional, and growing, set of interactive tools. The most basic of these include a "raise hand" function for students to answer questions, and ‘trophies’ for teachers to "hand out" to students as a reward for answering or performing well.
Since its establishment in 2014, Beijing-based EEO has served the education market in China and across the world, with Its ClassIn platform, launched the following year, now used by in excess of 20,000 educational institutions across 70 countries, which includes over 12 million students who spend an average of 4.3 hours on the platform per month.
Clients include some of the world’s leading educational companies from both China (New Oriental, TAL Education) and abroad (Udacity, Pearson), while the tertiary sector has also embraced ClassIn, with several world-renowned universities in China (e.g. Peking University, China University of Science of Technology, Shanghai Jiaotong University) and abroad (Roland University and Alcala University) adopting the platform. Meanwhile, EEO has partnered with The British Council.
The company has improved the efficacy of the platform over several interactions based on R&D and feedback from educational institutions.
With schools back, many of them adopting an OMO approach, ClassIn is hosting a maximum number of students per day of 2.6 million, with about 500 institutions coming on board each month.
For its part, Sony, which continues to expand technologies for online learning in partnership with Japan’s government under the national GIGA (Global Information and Governance Academic) School Initiative, believes the platform co-developed with ClassIn can provide Japan the best long-distance learning program in the world, while also helping solve other problems such as lack of access to education or imbalanced teacher resources once the pandemic ends.
Sony and EEO plan for an official platform release this year. Both companies plan to explore more in-depth applications of online education after the pandemic, hoping to establish a bridge between online education industries in China and Japan.
In the meantime, EEO continues to work closely with educational organizations across the globe to reduce the pandemic’s impact on education systems.
TECH I.S. Fixes ‘the E-learning Bug’ by Filling the Gap Between the New Age E-learning and Old School Learning
TOKYO, June 12, 2020 /PRNewswire/ — Due to COVID-19 pandemic, lots of business operations and services took a hit and it is totally unclear when these operations will resume normalcy. Many people use the isolation time to learn new things and acquire new skills, as a result Edu-Tech is booming in this pandemic situation. However, E-Learning has one problem. Almost 95% of candidates or students give-up due to lack of guidance of coding or motivation.
To solve this problem, TECH I.S. offers programs where students can get on a Zoom call with tutors and learn programming and they can also get career guidance from their dedicated consultant so they can start their professional career as programmers once they complete their course.
As a global programming school curated to fill the void in the Edu-Tech space, TECH I.S. has three branches in Silicon Valley (USA), Tokyo (Japan) and Bengaluru (India). The majority of the curriculum is made by Silicon Valley engineers, which includes Web Application Development and Data Science course. TECH I.S. was started from Japan as an offline programming school and helped over 300 students to become professionals in the Information Technology industry with industry-relevant curriculum and to make a professional web application portfolio.
TECH I.S. is on a mission to fill the gap between the new age E-learning and old school learning to make online learning more simple and efficient. With increasing practice of social distancing, online learning from a tutor becoming the better alternate mode of education.
TECH I.S. is currently operating from India and Japan, the tutors are based out of Bangalore, Tokyo, and Silicon Valley. The programs are available for anyone who has the passion to become a programmer. TECH I.S. offers Full-Time as well as Part-Time curriculum for 3 months and 6 months respectively.
For more information, please visit or contact:
TECH I.S.
https://techis.io/
[email protected]
Related Links :
https://techis.io/
Blackbaud Customers Around the World Rely on Technology to Support COVID-19 Research and Innovation
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Higher education and healthcare institutions turn to Blackbaud solutions to power fundraisers for COVID-19 vaccines, lifesaving equipment
CHARLESTON, South Carolina, June 9, 2020 /PRNewswire/ — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, is supporting key higher education and healthcare institutions around the world with the technology needed to effectively fundraise for COVID-19 research and essential equipment, including potential vaccine breakthroughs, low-cost ventilator production and methods to treat the virus and slow its spread.
"Throughout the world, many of our customers are on the frontlines of COVID-19 relief and having the cloud software in place to support their missions has never been more critical," said Mike Gianoni, president and CEO, Blackbaud. "We have been continually amazed by our customers globally and their ingenuity during this time and are proud to support their efforts through reliable and highly effective technology."
Fundraising for COVID-19 Vaccine Research in Australia
Blackbaud recently helped the University of Queensland (UQ) in Brisbane, Australia launch a peer-to-peer fundraising campaign for COVID-19 vaccine research. Blackbaud’s leading peer-to-peer fundraising solutions enable social good organisations to quickly create fundraising campaigns driving current and new supporters to share their passion for an organisation’s mission. UQ researchers need to raise $4.5 million in addition to the support they’ve received from the government and philanthropic partners, to help them develop a vaccine to end COVID-19.
"We are incredibly grateful for Blackbaud’s support in our efforts to facilitate philanthropic giving to accelerate COVID-19 vaccine development at The University of Queensland," said Jennifer Karlson, pro-vice-chancellor of advancement, University of Queensland. "The technology has been a critical gateway for the UQ community to give to this important cause."
Learn more about the approach the UQ COVID-19 vaccine researchers are taking to quickly develop and manufacture a vaccine for the world.
Pushing Toward Bioscience Breakthroughs in Manhattan
Within a month, supporters of The Rockefeller University donated more than $16 million for COVID-19 research, a testament to their confidence in the abilities of Rockefeller’s scientists and the relationships the university has built through its advancement team, which relies daily on Blackbaud fundraising and relationship management solutions, including Blackbaud CRM™ and Blackbaud Internet Solutions™. Beyond the total, the speed of the donations has been critical in this moment of world crisis, when time is of the essence, and federal grant funding could take months to secure.
The Manhattan-based university – a research-driven institution that has seen 25 of its scientists receive the Nobel Prize – closed campus early on in the crisis, except for critical operations laboratories, which currently include 20 labs doing COVID-19 research. The labs are not only collaborating with each other but also across the scientific community, and in some cases internationally, to advance ideas to slow the momentum of the pandemic and identify new therapies.
At the same time, Rockefeller’s advancement team members have used Blackbaud cloud-based solutions as they’ve worked remotely to educate their donor network on the university’s COVID-19 research and related needs. This falls in line with the informative way the university seeks to introduce new friends – providing lectures, seminars and community events to build an appreciation of their scientists’ work and the greater institution. While recent events have been canceled, postponed or shifted to virtual gatherings because of the pandemic, supporters have been encouraged to direct their table and ticket purchases to research, and to consider making an additional gift to support COVID-19 research, as well.
Learn more about Rockefeller’s fundraising success in the wake of COVID-19 and donation opportunities.
The Race to Create Lifesaving Ventilators in Canada
In March, Blackbaud customer, the Montreal General Hospital Foundation and the Research Institute of the McGill University Health Center announced the Code Life Ventilator Challenge, a two-week sprint among engineering and scientific communities to gather the best ideas from around the world to design low-cost and easy to produce emergency ventilators. The challenge received hundreds of submissions from 94 different countries. Nine concepts were selected for an intensive round of testing and three finalists have emerged. The three finalists will receive $200,000, $100,000 and $50,000 CAD in compensation for their design and for sharing it with the world in the fight against COVID-19. Montreal General Hospital Foundation relied on Blackbaud Raiser’s Edge NXT® to power the fundraising component that has made this challenge possible. Montreal General Hospital Foundation is currently preparing a second challenge specifically to expedite refinement, cost-reduction and regulatory compliance of the final designs.
Stay up to date on the Code Life Ventilator Challenge by following updates here.
To learn more about how Blackbaud is supporting its global customers during COVID-19, visit Blackbaud.com/COVID-19-resources.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organisations, faith communities, arts and cultural organisations, foundations, companies and individual change agents—Blackbaud connects and empowers organisations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.
Media Inquiries
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Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
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China Online Education Group Announces Proposed Follow-on Public Offering of American Depositary Shares
BEIJING, June 3, 2020 /PRNewswire/ — China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, today announced the commencement of a proposed registered underwritten public offering by the Company and certain selling shareholders of American depositary shares (the "ADSs"), each representing fifteen (15) Class A ordinary shares of the Company. The Company proposes to offer 428,571 ADSs (the "Primary ADS Offering"), and the selling shareholders propose to offer 1,000,000 ADSs (the "Secondary ADS Offering" and, together with the Primary ADS Offering, the "ADS Offering"). The underwriters in the ADS Offering will have a 30-day option to purchase up to 214,285 additional ADSs from the Company and certain selling shareholders solely for the purpose of covering overallotment.
Morgan Stanley & Co. LLC and Needham & Company, LLC are acting as the joint book-running managers for the ADS Offering.
The ADSs will be offered pursuant to the Company’s shelf registration statement on Form F-3 (the "Form F-3"), as amended, which was originally filed with the U.S. Securities and Exchange Commission (the "SEC") on April 6, 2020 and became effective on May 8, 2020. A preliminary prospectus supplement related to the proposed ADS Offering will be filed with the SEC. The Form F-3 and the preliminary prospectus supplement will be available at the SEC website at: http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from (1) Morgan Stanley & Co. LLC, Prospectus Department, 2nd Floor, 180 Varick Street, New York, NY, 10014, United States of America, or by calling 1-866-718-1649, or by email at [email protected]; (2) Needham & Company, LLC, Attention: Syndicate Prospectus Department, 250 Park Avenue, 10th Floor, New York, New York 10177, or by calling 800-903-3268, or by email at [email protected].
This announcement shall not constitute an offer to sell, or a solicitation of an offer to buy, any securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
This press release contains information about the pending offering of the ADSs, and there can be no assurance that the offering will be completed.
About China Online Education Group
China Online Education Group (NYSE: COE) is a leading online education platform in China, with core expertise in English education. The Company’s mission is to make quality education accessible and affordable. The Company’s online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "aims", "future", "intends", "plans", "believes", "estimates", "likely to" and similar statements. 51Talk may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about 51Talk’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 51Talk’s goals and strategies; 51Talk’s expectations regarding demand for and market acceptance of its brand and platform; 51Talk’s ability to retain and increase its student enrollment; 51Talk’s ability to offer new courses; 51Talk’s ability to engage, train and retain new teachers; 51Talk’s future business development, results of operations and financial condition; 51Talk’s ability to maintain and improve infrastructure necessary to operate its education platform; competition in the online education industry in China; the expected growth of, and trends in, the markets for 51Talk’s course offerings in China; relevant government policies and regulations relating to 51Talk’s corporate structure, business and industry; general economic and business conditions in China, the Philippines and elsewhere and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in 51Talk’s filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
China Online Education Group
Investor Relations
+86 (10) 8342-6262
[email protected]
The Piacente Group, Inc.
Brandi Piacente
+86 (10) 6508-0677
+1 (212) 481-2050
[email protected]