The promotion of the capital market, the epidemic environment, and the clear business model have jointly accelerated the business expansion of k12 online education company. According to the business data officially announced by Yuanfudao in October this year, the number of students in the K12 online school + Zebra AI class has reached 3.7 million. For TAL's online course business, Xueersi Online School contributed US$620 million in revenue in fiscal year 2020 (until 2020.2), which stabilized its top position in the K12 offline and online dual strategic lines.
TAL has maintained a growth rate in the recent quarter, and the K12 online course business in fiscal 2021 is expected to approach or exceed one billion b2b data US dollars. In the recently announced regular-priced online courses, the number of students in Q1 in fiscal year 2021 exceeded one million. In the secondary market this year, the “ups and downs, soaring and plummeting” companies have attracted more than one million students. GSX, which takes K12 online illion yuan. Netease Youdao’s Youdao premium courses have become
Youdao’s main source of income in 2019, accounting for more than 36%. Since this year, “join the advertising war and invest heavily” in the k12 online course business, and the Q1 online course income in 2020 It has increased by more than 3 times, and the Q2 chain has also more than doubled. It can be expected that the revenue of its Youdao premium courses in 2020 will further increase. The number of paid registrations for k12 online courses was close to 500,000 in the first half of the year.