Online Learning Platform QuantaSing Acquires Kelly's Education For Unknow Sum
Portfolio Pulse from Shivani Kumaresan
Chinese online learning service provider QuantaSing Group Limited (NASDAQ:QSG) has acquired Kelly's Education, an online language education platform based in Hong Kong. The acquisition marks QuantaSing's entry into the global online education market and the language learning sector. Post-acquisition, Kelly's Education will become a wholly-owned subsidiary of QuantaSing.
September 18, 2023 | 12:36 pm
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QuantaSing's acquisition of Kelly's Education could potentially diversify its revenue streams and broaden its course offerings. This move marks the company's entry into the global online education market and the language learning sector.
The acquisition of Kelly's Education by QuantaSing is a strategic move to enter the global online education market and the language learning sector. This could potentially diversify QuantaSing's revenue streams and broaden its course offerings, which could positively impact the company's stock in the short term.
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