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      China Online Education Group (COE) stock jumps to 8.91% – Why is it so? - Stocks Telegraph

      By Mahrukh Rehan

      Published on

      November 22, 2021

      8:19 AM UTC

      China Online Education Group (COE) stock jumps to 8.91% – Why is it so? - Stocks Telegraph

      China Online Education Group (COE) experienced an incline of 8.91% in aftermarket. However, the last trading session closed at $2.02 with a decrease of 1.46%.

      About COE

      COE is a large Chinese online instruction company that specializes in English education. The company’s goal is to make high-quality education affordable and accessible to everyone. Through the Company’s online and mobile education platforms, students in China may attend live interactive English classes with foreign teachers from across the world.

      Furthermore, the Company employs a shared economy model to connect its students with a large pool of highly qualified foreign teachers, and it employs student and teacher feedback, as well as data analytics, to deliver a personalized learning experience for its students.

      COE’s Board of Directors

      COE’s board of directors includes Jack Jiajia Huang, Ting Shu, Frank Lin, and Xiaoguang Wu.

      Jack Jiajia Huang

      Since COE’s founding, Mr. Jack Jiajia Huang has served as chairman of the board of directors and chief executive officer. He worked for Mitsubishi Corporation (China) Co., Ltd. as an operations manager from 2007 to 2010. Furthermore, in 2007, Mr. Huang established TalkChina, an online Chinese-teaching platform for Japanese students. In 2007, he graduated from Tsinghua University with a bachelor’s degree in the Japanese language. Lastly, he was recognized by Cyzone, a Chinese entrepreneur service platform, as an outstanding entrepreneur under 30 in 2015.

      Ting Shu

      Ms. Ting Shu has been a part of COE since 2011. Between 2010 and 2012, Ms. Shu worked at Deloitte’s China enterprise risk services department. TalkChina was co-founded in 2007 by Ms. Shu and Mr. Jack Jiajia Huang. Moreover, Ms. Shu holds a bachelor’s degree in Japanese language from Tsinghua University and a master’s degree in language science from the University of Tokyo.

      Frank Lin

      Since June 2013, Mr. Frank Lin has served as COE’s director. Mr. Lin is a general partner at DCM, a venture capital firm specializing in technology. Moreover, he was the chief operating officer of SINA Corporation, a NASDAQ-listed firm, prior to joining DCM in 2006. In 1995, he co-founded SINA’s precursor, SinaNet, and later steered SINA through its NASDAQ offering. Lastly, he formerly worked at Octel Communication Inc. and NYNEX, where he held marketing, engineering, and management responsibilities.

      Xiaoguang Wu

      Mr. Xiaoguang Wu has been the independent director since June 2016. He formed Welight Capital (Hong Kong) Limited and is a founding partner. In 1999, Mr. Wu became a part of the early founding team of Tencent Inc., a Hong Kong Stock Exchange-listed company. Not only this but he has been a senior management advisor for Tencent Inc. since June 2015.

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