BEIJING, May 11, 2017 /PRNewswire/ -- China Online Education Group ("51Talk", or the "Company") (NYSE: COE), a leading online education platform in China with core expertise in English education, today announced that the Company delivered a presentation at the 8th Annual ASU + GSV Education Technology Summit (the "Summit") on May 8, 2017 in Salt Lake City.
The Summit is a leading global conference focusing on educational technology, investment and policy development and is coordinated by Arizona State University and GSV Capital. The high-profile event brings together leaders and innovators from each sector and is considered by many to be among the most influential of its kind.
51Talk was chosen to present at the Summit because of its innovative use of technology and leading position in the Chinese online English education industry. As part of a session showcasing select Chinese companies at the forefront of education technology, Mr. Jimmy Lai, Chief Financial Officer of the Company, profiled 51Talk's educational approach and highlighted the Company's use of proprietary next generation audio and video technology, big data analytics and machine learning applications to create a fully interactive and immersive online learning environment that enhances students' learning experience and promotes optimal learning results.
"We were delighted to present at this prestigious event and share our experience with global thought-leaders from the educational technology, investment and policy sectors," said Mr. Lai. "As a technology-driven platform, we will continue to invest in technology and lead the innovation in online teaching content and delivery formats. By leveraging our world-class technology infrastructure, we aim to further enhance 51Talk's leading position in China's online English education market."
ASU + GSV Education Technology Summit was founded with the mission to support education and human capital and catalyze the entrepreneurial ecosystem. For more information, please visit: https://www.asugsvsummit.com.
About China Online Education Group
China Online Education Group (NYSE: COE) is a leading online education platform in China, with core expertise in English education. The Company's mission is to make quality education accessible and affordable. The Company's online and mobile education platforms enable students across China to take live one-on-one interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.
For more information, please visit http://ir.51talk.com.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "aims", "future", "intends", "plans", "believes", "estimates", "likely to" and similar statements. Among other things, 51Talk's business outlook and quotations from management in this announcement, as well as 51Talk's strategic and operational plans, contain forward-looking statements. 51Talk may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about 51Talk's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 51Talk's goals and strategies; 51Talk's expectations regarding demand for and market acceptance of its brand and platform; 51Talk's ability to retain and increase its student enrollment; 51Talk's ability to offer new courses; 51Talk's ability to engage, train and retain new teachers; 51Talk's future business development, results of operations and financial condition; 51Talk's ability to maintain and improve infrastructure necessary to operate its education platform; competition in the online education industry in China; the expected growth of, and trends in, the markets for 51Talk's course offerings in China; relevant government policies and regulations relating to 51Talk's corporate structure, business and industry; general economic and business condition in China, the Philippines and elsewhere and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in 51Talk's filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
Contacts:
China Online Education Group
Investor Relations
+86 (10) 5692-8909
ir@51talk.com
The Piacente Group, Inc.
Brandi Piacente
+86 (10) 5700-6200
+1-212-481-2050
51talk@tpg-ir.com
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