New Oriental Education & Technology Group Inc. EDU

Company Overview

New Oriental Education & Technology Group Inc. is a China-based private education services provider that operates across tutoring, test preparation, educational content, and livestream e-commerce businesses. The company primarily serves students, parents, and adult learners through a mix of online and offline educational offerings. Historically known for English-language training and overseas test preparation, the company has evolved into a broader education and consumer services platform following regulatory changes in China’s private tutoring industry. Its shares are listed on the New York Stock Exchange under the ticker EDU.

The company’s primary revenue drivers include educational services, online learning platforms, smart learning products, and livestream e-commerce operations conducted through its subsidiary East Buy Holding Limited. New Oriental has built strong brand recognition in China through its nationwide school and learning center network, extensive teaching resources, and long-standing reputation in language training and academic preparation. Founded in 1993 by Yu Minhong, the company expanded rapidly during China’s education boom and later diversified after China’s “Double Reduction” policy significantly restricted after-school tutoring for compulsory education subjects.