We know that in the country's double-decrease policy, the major educational institutions more or less have some problems, some educational institutions have been fully withdrawn from the market, some educational institutions to change the direction of the training organization, everyone is looking for a way to survive. In this there is no lack of some very famous educational institutions, such as pea thinking, New Oriental, etc. Recently, New Oriental Online's K12 business Oriental Ubiquitous has also decided to close, and started the student refunds and staff retrenchment compensation work.
One, Oriental Ubiquitous broadcast
Oriental Ubiquitous broadcast was established in July 2016, is by the New Oriental Group and the New Oriental into *** with the establishment of the investment, Oriental Ubiquitous broadcast's main business is the interactive live class, and other training institutions are not quite the same thing is the Oriental Ubiquitous broadcast of the teacher to take the online live lecture, the current domestic is only the training institutions to take this mode, although the New Oriental Although New Oriental's online education products lag far behind other education companies, this new model of Oriental Ucast is currently New Oriental's most successful online education business, and in fact most of their revenue comes from Oriental Ucast. According to the financial report released by Oriental Ubiquitous, it shows that this year their K12 course paid visits increased by 66.8%, and Oriental Ubiquitous' paid visits increased by 102%, even in May this year, Oriental Ubiquitous has rapidly expanded into 273 cities in China.
Second, double-reduced policy
We all know that the country's acid and alkali policy, most of the educational institutions have to close down, so even if the East Ucast has been profitable, other models have entered the maturity period, but because of the double-reduced policy, it had to stop their own operations. In the double-decrease policy there is a provision that foreign capital may not through mergers and acquisitions entrusted with the operation of the franchise chain, set up other ways to hold or to participate in the subject class of training institutions, Oriental U broadcast just do not meet this point, so only to be able to delisted.
Three, seek transformation
While some people think that the double reduction policy in the educational institutions does not mean that from now on there is no opportunity, because most of the educational institutions in order to continue to survive, are looking for transformation, can not be subject-based training, then hosting type of service, or even elocution, sports, art, music and other types of training tutorials.