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Zhangmen Education Priced, NYSE: ZME

Chinese online after-school tutoring platform.

Industry: Technology

First Day Return: +47.7%

Industry: Technology

We are a leading online education company in China focused on providing personalized online courses to K-12 students according to the Frost & Sullivan Report. Our core course offerings encompass one-on-one and small-class after-school tutoring services covering all core K-12 academic subjects. According to the Frost & Sullivan Report, we have been the largest online K-12 one-on-one after-school tutoring service provider in China in terms of gross billings since 2017, with 31.9% market share in 2020, exceeding that of the rest of the top 10 players combined in 2020. We continually enrich our service and product offerings to address students’ evolving and diversified educational needs. We began to offer small-class K-12 after-school tutoring services in the third quarter of 2020 to drive and cater to diversified educational goals. To attract more students with higher lifetime value, we also provide early childhood education services covering a diverse array of subjects, including art, language skills, logical thinking, and learning methodology. Leveraging our high-quality teaching talents with localized insights, data-driven localized educational content and powerful technology infrastructure, we provide a personalized and results-driven learning experience to students across different regions.
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Zhangmen Education (ZME) Performance