TAL Education Group

TAL Education Group (Chinese: 好未来), which stands for "Tomorrow Advancing Life",[5] is a Chinese holding company that offers after-school education and tutoring for students in primary and secondary school. It is headquartered in Beijing, China.[1][2][3] The company was founded in August 2003 by Zhang Bangxin and Cao Yundong, the original name when it is founded is "Xueersi"(Study and think).[1][2]

TAL Education Group
Native name
好未来
ISINUS8740801043
FoundedAugust 2003 (2003-08)
FoundersZhang Bangxin
Cao Yundong[1][2]
Headquarters
Beijing
,
China
Areas served
Mainland China
Hong Kong[3]
Key people
BrandsXueersi, Mobby, Firstleap, Izhikang, Shunshun Liuxue[3]
Revenue US$4.495 Billion (Fiscal Year Ended 28 February 2021)[4]
–US$438.224 Million (Fiscal Year Ended 28 February 2021)[4]
–US$143.050 Million (Fiscal Year Ended 28 February 2021)[4]
Total assets US$12.112 Billion (Fiscal Year Ended 28 February 2021)[4]
Total equity US$5.202 Billion (Fiscal Year Ended 28 February 2021)[4]
Number of employees
34,733[2]
Websiteen.100tal.com

The company provides test prep for standardized tests, as well as consulting for studying abroad.[6] It offered help to kids who couldn't go to school during the COVID-19 Pandemic and taught them about mathematics, Chinese, English, coding and many more subjects. After the Chinese government's ban on profits in the private tutoring sector, the company's stock went down significantly, with a project 70% decrease in 2022 revenue.[7]Later, because of the tutor website "Xi Wang Xue", which stands for "Hope Study" have many similarities including logo design and user interface, and the source code of Xi Wang Xue contains "xueersi", some people think Xi Wang Xue have a relationship with Xueersi.[8][9][10]

In 2018 it acquired CodeMonkey.[11][12]

References
  1. "TAL Education Group (TAL)". Forbes. Retrieved 16 May 2020.
  2. "TAL Education Group ADR". The Wall Street Journal. Retrieved 16 May 2020.
  3. "TAL Education Group (ADR)". Reuters. Retrieved 16 May 2020.
  4. "TAL Education Group 2021 Annual Report". TAL. 28 February 2021. Retrieved 25 August 2021.
  5. Echo, Yan. "TAL Education Group Announces Management Change". CISION. TAL Education Group. Retrieved 6 November 2021.
  6. "TAL Education Group". CNBC. Retrieved 6 November 2021.
  7. De Silva, Dilantha (Sep 22, 2021). "TAL Education Stock: Do Not Test The Depth Of The River". Seeking Alpha. Retrieved 6 November 2021.
  8. "希望学-中小学在线学科培训". Xi Wang Xue. Retrieved 2022-03-27.
  9. "学而思网校-受益一生的能力". Xueersi Online. Retrieved 2022-03-28.
  10. "希望学和学而思到底什么关系？孩子是否需要报名？".
  11. "CodeMonkey Acquired by TAL Education Group". EdSurge.
  12. "Israeli Educational Coding Startup CodeMonkey Acquired By China's Leading EdTech Group". NoCamels.


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