Gsx Techedu Inc - ADR

Gaotu Techedu, Inc. is a technology-driven education company. Its core expertise is in online K-12 courses, and online K-12 large-class after-school tutoring service provider in China. The company's K-12 courses cover all primary and secondary grades. It also offers foreign language, professional and interest courses. The company was founded by Xiang Dong Chen in June 2014 and is headquartered in Beijing, China.

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Gaotu Techedu, Inc. is a technology-driven education company. The company was founded by Xiang Dong Chen in June 2014 and is headquartered in Beijing, China.

Short seller Muddy Waters claimed almost all of online-only GSX Techedu's purported students are not real. The China stock sold off Monday.

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Shares of the China-based, online after-school tutoring service provider GSX Techedu Inc (NYSE: GSX) have come under selling pressure ever since the disclosure of financial improprieties by coffee retail chain Luckin Coffee Inc – ADR (NASDAQ: LK).

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News for Gsx Techedu Inc - ADR Stock (GSX)