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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.

Rhea-AI Summary
QuantaSing Group Limited has filed its annual report on Form 20-F for the fiscal year ended June 30, 2023, with the SEC. The report can be accessed on the SEC's website and the Company's investor relations website. Shareholders and ADS holders can request a hard copy of the report.
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DCM promotes three new partners within its investment team, David Cheng, Kenichiro Hara, and Fiona Huang.
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QuantaSing CFO to participate in Fireside Chat with IPO Edge and The Palm Beach Hedge Fund Association
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QuantaSing acquires Kelly's Education, entering global online education market and language learning sector.
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QuantaSing Group Limited announces Q4 and FY 2023 unaudited financial results. Q4 revenues increase by 2.6% to RMB828.3 million. Q4 net income is RMB52.7 million, compared to a net loss in Q3. Total registered users increase by 60.6% to 94.3 million. FY 2023 revenues increase by 7.4% to RMB3,081.4 million. FY 2023 net loss narrows by 53.5% to RMB108.7 million. Q4 and FY 2023 financial results show positive growth and improved profitability.
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QuantaSing's live e-commerce business generates RMB13.3 million in GMV for August 2023.
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QuantaSing Group to release unaudited financial results for Q4 and full fiscal year 2023 on September 15, 2023.
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QuantaSing acknowledged as largest online adult learning service provider in China, with significant revenue growth in 2022. Market size expected to increase to RMB1,043.2 billion in 2027. QuantaSing well-positioned to take advantage of growing market.
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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.

QuantaSing Group Limited American Depositary Shares

Nasdaq:QSG

QSG Rankings

QSG Stock Data

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