Goldman Sachs upgraded GSX Techedu from Sell to Buy and set a new price target of $60.00 from $70.00 previously

JP Morgan upgraded GSX Techedu from Underweight to Neutral and set a new price target of $37.00 from $60.00 previously

Citigroup upgraded GSX Techedu from Sell to Buy and set a new price target of $56.00 from $66.00 previously

CLSA resumed coverage of GSX Techedu with a rating of Sell and set a new price target of $76.00 from $68.00 previously

Barclays reiterated coverage of GSX Techedu with a rating of Equal Weight and set a new price target of $73.00 from $63.00 previously

CLSA downgraded GSX Techedu from Outperform to Sell and set a new price target of $76.00 from $68.00 previously

CLSA downgraded GSX Techedu from Outperform to Sell

JPMorgan Chase & Co. reiterated coverage of GSX Techedu with a rating of Underweight and set a new price target of $60.00 from $63.00 previously

JP Morgan downgraded GSX Techedu from Neutral to Underweight and set a new price target of $63.00

Goldman Sachs downgraded GSX Techedu from Neutral to Sell and set a new price target of $70.00 from $61.00 previously

BEIJING, May 10, 2021 /PRNewswire/ -- GSX Techedu Inc. ("GSX" or the "Company") (NYSE:GOTU), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at  Tower C, Beyondsoft Building, 7 East Zone, 10 Xibeiwang East Road, Haidian District, Beijing 100193, People's Republic of China at 5pm (Beijing Time) on June 4, 2021. The purpose of the EGM is for the Company's shareholders to consider, and if thought fit, approve the change of the Company's legal name from "GSX Techedu Inc." to "Gaotu Techedu Inc." The proposed name change will not affect any rights of shareholders or t

BEIJING, April 26, 2021 /PRNewswire/ -- GSX Techedu Inc. (the "Company") (NYSE:GSX), a leading online K-12 large-class after-school tutoring service provider in China, today filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended December 31, 2020. The annual report on Form 20-F is available on the Company's investor relations website at http://gsx.investorroom.com/. The annual report contains audited financial statements, management's discussion and analysis and other disclosures. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and

BEIJING, April 26, 2021 /PRNewswire/ -- GSX Techedu Inc. (the "Company") (NYSE:GSX), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it will change its ticker symbol on the New York Stock Exchange from "GSX" to "GOTU." Trading under the new ticker symbol will begin on May 6, 2021.   About GSX Techedu Inc. GSX Techedu is a technology-driven education company and leading online K-12 large-class after-school tutoring service provider in China. The Company offers K-12 courses covering all primary and secondary grades through the brand Gaotu K12 as well as foreign language, professional and interest courses through the brand Gaotu College. T

BEIJING, April 16, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE:GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it will host a virtual Investor Day on April 22, 2021 in China. A virtual tour of GSX's Beijing offices will begin at 9:00 AM Beijing time (9:00PM on April 21, 2021 U.S. Eastern Time) followed by management presentations that will begin at 3:00 PM Beijing time (3:00AM on April 22, 2021 U.S. Eastern Time). Mr. Larry Xiangdong Chen, the Company's founder, Chairman and CEO, Mr. Xiuping Qi, the Company's Vice President, Mr. Wei Liu, the Company's Vice President and Mr. Song Jiang, the Company's Head o

BEIJING, April 9, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE:GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today firmly denies the false and ungrounded allegations raised in a report by Grizzly Research dated April 8, 2021. The Company strongly believes that the report contains numerous errors, unsubstantiated statements, and misinterpretation of information. GSX will consider any necessary and appropriate course of action to protect the interest of the Company and all of its shareholders, as well as its students, parents, employees and other stakeholders. The Company endeavors to provide full and accurate disclosure to

BEIJING, March 30, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today announced that Mr. Larry Xiangdong Chen, the Company's founder, Chairman and CEO,  intends to use his personal funds to purchase up to US$50 million of the Company's shares over the next 12 months. Mr. Larry Xiangdong Chen currently has not pledged any of his equity interest in the Company as security or collateral to any third party. In May 2020, the Company's board of directors had authorized a share repurchase program, under which the Company may repurchase up to US$150 million of its shares, effective until

BEIJING, March 5, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020. Fourth Quarter 2020 Highlights[1] Net revenues was RMB2,211.0 million, a 136.5% year-over-year increase.- Net revenues of online K-12 courses increased 155.6% year-over-year to RMB1,975.2 million. Gross billings[2] was RMB3,146.5 million, a 99.3% year-over-year increase. - Gross billings of online K-12 courses increased 109.8% year-over-year to RMB2,923.0 million. Paid course enrollments[3] increased 107.

BEIJING, March 1, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today provided an update on the status of its internal review.  As previously disclosed, following the publication of a number of short-seller reports about the Company from early- to mid-2020, the Company's independent audit committee engaged third-party professional advisers to conduct an independent review into these reports' key allegations (the "Internal Review"). The Internal Review is now substantially complete.  Based on the agreed upon scope and procedures performed, the Internal Review did not uncover eviden

NEW YORK, March 1, 2021 /PRNewswire/ -- Rapid technological developments have allowed for internet infrastructure to grew tremendously all over the world, which in turn has created the right environment for the online education industry to succeed. Then, the pandemic prompted schools and universities to adjust for a more online model of curriculums. Now, the education system is expected to continue to rely on remote online solutions even after the pandemic. Ipsos Group S.A. conducted a survey for the World Economic Forum in 29 countries on how they see higher education being delivered in five years' time. According to the survey's results, in 2025, higher education will be a hybrid of in-per

BEIJING, Feb. 9, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GSX) ("GSX Techedu" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2020, before U.S. markets open on March 5, 2021. GSX Techedu's management will hold an earnings conference call on Friday, March 5, 2021, at 8:00 AM U.S. Eastern Time (9:00 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: 1-412-317-6061 US: 1-888-317-6003 Hong Kong: 800-963976 Mainland China: 4001-206

6-K - Gaotu Techedu Inc. (0001768259) (Filer)

6-K - Gaotu Techedu Inc. (0001768259) (Filer)

6-K - Gaotu Techedu Inc. (0001768259) (Filer)

6-K - Gaotu Techedu Inc. (0001768259) (Filer)

6-K - Gaotu Techedu Inc. (0001768259) (Filer)

424B3 - GSX Techedu Inc. (0001768259) (Filer)

6-K - GSX Techedu Inc. (0001768259) (Filer)

6-K - GSX Techedu Inc. (0001768259) (Filer)

6-K - GSX Techedu Inc. (0001768259) (Filer)

6-K - GSX Techedu Inc. (0001768259) (Filer)

SC 13G/A - Gaotu Techedu Inc. (0001768259) (Subject)

SC 13G/A - Gaotu Techedu Inc. (0001768259) (Subject)

SC 13G/A - Gaotu Techedu Inc. (0001768259) (Subject)

SC 13G/A - Gaotu Techedu Inc. (0001768259) (Subject)

SC 13G/A - GSX Techedu Inc. (0001768259) (Subject)

SC 13G - GSX Techedu Inc. (0001768259) (Subject)

SC 13G/A - GSX Techedu Inc. (0001768259) (Subject)

SC 13G/A - GSX Techedu Inc. (0001768259) (Subject)

SC 13G - GSX Techedu Inc. (0001768259) (Subject)

SC 13G - GSX Techedu Inc. (0001768259) (Subject)