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QuantaSing Group Limited American Depositary Shares - QSG STOCK NEWS

Welcome to our dedicated page for QuantaSing Group American Depositary Shares news (Ticker: QSG), a resource for investors and traders seeking the latest updates and insights on QuantaSing Group American Depositary Shares stock.

QuantaSing Group Limited (NasdaqGM: QSG) is a prominent online learning service provider in China's adult education market, specializing in personal interest courses. Founded in 2019 and headquartered in Beijing, QuantaSing offers easy-to-understand, affordable, and accessible online courses designed to empower adult learners in their personal development journey. The company operates under various brands, such as QiNiu, JiangZhen, and QianChi.

QuantaSing has expanded its market reach by acquiring Kelly's Education based in Hong Kong, marking its entry into global markets. The company's diverse course offerings include financial literacy, short-video production, and personal well-being, among others. In addition to individual learning services, QuantaSing provides corporate clients with marketing services, enterprise talent management, and e-commerce solutions.

Recently, QuantaSing launched YUNTING Baijiu, a premium craft liquor, marking its foray into the private label business and signaling a milestone in the company's growth strategy. This new product line leverages the company's success in livestreaming e-commerce, which has become a significant part of its business model.

QuantaSing's financial health and growth potential have been recognized by Argus Research, an independent investment research firm, which has initiated coverage on the company. This recognition underscores QuantaSing's leadership in China's online adult education sector and its commitment to expanding its global footprint.

For more information about QuantaSing Group Limited, visit their Investor Relations page or contact their investor relations team.

News

QuantaSing Group Accelerates Global Growth with Strategic Initiatives

Rhea-AI Summary
QuantaSing Group (NASDAQ: QSG) is accelerating its global growth with strategic initiatives focusing on expanding its presence in the United States and Hong Kong. The company's executive team is actively engaging in meetings with investors and partners to drive development and growth. QuantaSing is also participating in the ASU + GSV Summit to discuss the future of online learning and education technology. Kelly's Education, a subsidiary of QuantaSing, has announced partnerships with Disney World of English and National Geographic Learning to enhance children's English learning experience.
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QuantaSing Announces Unaudited Financial Results for the Second Quarter of Fiscal Year 2024

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QuantaSing Group Limited (NASDAQ: QSG) announces unaudited financial results for the second quarter of FY 2024, showing revenue growth of 12.8%, gross billings up by 24.0%, and net income of RMB107.6 million. The company's total registered users increased by 44.6% to 112.4 million. QuantaSing focuses on skills upgrading courses, leading to revenue growth and sustainable value for shareholders.
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QuantaSing to Present at the Emerging Growth Conference on March 7, 2024

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QuantaSing Group Limited (NASDAQ: QSG) announces its participation in the Emerging Growth Conference on March 7, 2024. Shareholders and investors can interact with the CFO, Tim Xie, during the live event.
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QuantaSing to Report Second Fiscal Quarter Financial Results on March 7, 2024

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QuantaSing Group Limited (QSG) to release unaudited financial results for Q4 2023 on March 7, 2024. Earnings conference call scheduled. Webcast and dial-in details provided.
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QuantaSing Announces Appointment of New Independent Director

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QuantaSing Group Limited (QSG) announced the appointment of a new independent director, Mr. Chenyang Wei, and a change to the audit committee of the Company’s board of directors. Mr. Wei brings extensive experience in the financial industry, having served in various senior positions at reputable organizations. He holds a bachelor's degree in finance from Tsinghua University, a master's degree in economics from the University of Texas at Austin, and a Ph.D. in finance from New York University.
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QuantaSing Unveils Private Label Chinese Baijiu Brand YUNTING

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QuantaSing Group Limited (NASDAQ: QSG) introduces its first private label Chinese Baijiu brand, YUNTING, crafted using ancient fermentation, distillation, and aging techniques. The brand is available for purchase online and signifies the company's entry into the private label business.
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QuantaSing Announces Unaudited Financial Results for the First Quarter of Fiscal Year 2024

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QuantaSing Group Limited (NASDAQ: QSG) announced unaudited financial results for the first quarter of FY 2024, with revenues of RMB869.1 million, gross billings of RMB762.1 million, and net income of RMB66.7 million. The company's total registered users increased by 51.9% to approximately 103.3 million, and paying learners increased by 18.2% year over year to approximately 0.3 million in the first quarter of FY 2024.
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QuantaSing to Report First Fiscal Quarter Financial Results on December 13, 2023

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QuantaSing Group Limited (NASDAQ: QSG) plans to release its unaudited financial results for the first quarter of fiscal year 2024 on December 13, 2023. The earnings conference call will be held at 07:00 A.M. Eastern Time to discuss the financial results.
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Argus Research Initiates Equity Research Report Coverage on QuantaSing Group Ltd (NasdaqGM: QSG)

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QuantaSing Group Ltd (NasdaqGM: QSG) - Argus Research Launches Equity Research Report Coverage, Highlighting Strong Positioning in the Online Adult Education Market in China and Projecting a Fair Value Estimate of $9 per ADS
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QuantaSing to Present at Sidoti November Micro Cap Conference

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QuantaSing Group Limited (NASDAQ: QSG) to Present at Sidoti November Micro Cap Conference, CFO Tim Xie to Address Investors Virtually
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FAQ

What is the current stock price of QuantaSing Group American Depositary Shares (QSG)?

The current stock price of QuantaSing Group American Depositary Shares (QSG) is $3.12 as of November 1, 2024.

What is the market cap of QuantaSing Group American Depositary Shares (QSG)?

The market cap of QuantaSing Group American Depositary Shares (QSG) is approximately 160.0M.

What is QuantaSing Group Limited?

QuantaSing Group Limited is a leading online learning service provider in China's adult education market, offering personal interest courses under various brands.

When was QuantaSing Group Limited founded?

QuantaSing Group Limited was founded in 2019.

What types of courses does QuantaSing offer?

QuantaSing offers courses in financial literacy, short-video production, personal well-being, and more.

What brands does QuantaSing operate under?

QuantaSing operates under brands such as QiNiu, JiangZhen, and QianChi.

Has QuantaSing expanded into global markets?

Yes, QuantaSing has expanded into global markets through the acquisition of Kelly's Education based in Hong Kong.

What new product did QuantaSing recently launch?

QuantaSing recently launched YUNTING Baijiu, a craft liquor, as part of its private label business.

Who is covering QuantaSing's financial performance?

Argus Research, an independent investment research firm, has initiated coverage on QuantaSing's financial performance.

What additional services does QuantaSing provide to corporate clients?

QuantaSing provides marketing services, enterprise talent management, and e-commerce solutions to corporate clients.

Where is QuantaSing headquartered?

QuantaSing is headquartered in Beijing, China.

How can I contact QuantaSing's investor relations?

You can contact QuantaSing's investor relations via email at ir@quantasing.com or phone at +86 (10) 6493-7857.

Stock QSG logo
QuantaSing Group Limited American Depositary Shares

Nasdaq:QSG

QSG Rankings

#4025 Ranked by Market Cap
#2185 Ranked by Dividends

QSG Stock Data

159.98M
103.48M
22.04%
18.63%
0.44%
Education & Training Services
Consumer Defensive
Link
United States of America
Beijing