Gaotu Techedu (GOTU) has not received official notification of the regulations in China
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Gaotu Techedu Inc. Responds to Media Reports
July 23, 2021 8:00 AM EDTBEIJING, July 23, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, today noted that certain English and Chinese language media outlets reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school... More
