Tag: Technology

TikTok Owner ByteDance Launches Education Technology Brand Dali for China | Investing News

By Yingzhi Yang and Brenda Goh

BEIJING (Reuters) – Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major tech player looking to capitalise on the sector’s boom driven by the COVID-19 pandemic.

Dali, meaning “forceful strength” in Chinese, will host all the education business of ByteDance and already has 10,000 employees, Dali Chief Executive Chen Lin told a press conference in Beijing.

ByteDance founder and chief executive Zhang Yiming said in a statement: “We started to develop interests in the education industry very early on. The brand independence of Dali

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A Look At The Fair Value Of New Oriental Education & Technology Group Inc. (NYSE:EDU)

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How far off is New Oriental Education & Technology Group Inc. (NYSE:EDU) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to today’s value. This will be done using the Discounted Cash Flow (DCF) model. Models like these may appear beyond the comprehension of a lay person, but they’re fairly easy to follow.

Companies can be valued

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Is New Oriental Education & Technology Group Inc. (EDU) A Good Stock To Buy?

In this article we will take a look at whether hedge funds think New Oriental Education & Technology Group Inc. (NYSE:EDU) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically outperformed the market after adjusting for known risk factors.

Is New Oriental Education & Technology Group Inc. (NYSE:EDU) going to take off soon? Investors

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