China Online Education Group Announces Fourth Quarter 2020 Results
Fourth quarter and fiscal year net revenues increased by 34.7% and 38.9% year-over-year respectively
Fourth quarter GAAP net income and non-GAAP net income were RMB31.8 million and RMB38.6 million respectively
Fiscal year 2020 GAAP net income and non-GAAP net income were RMB147.0 million and RMB173.7 million respectively
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BEIJING, March 5, 2021 /PRNewswire/ -- China Online Education Group ("51Talk" or the "Company") (NYSE:COE), a leading online education platform in China, with core expertise in English education, announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020.