Consumer China
ChinaEdu – graduate oversupply erodes revenues
- Published 15 Jul 2010
Revenue from online degree programmes, the company's mainstay, have been shrinking for several quarters.
Background:ChinaEdu Corp (CEDU:Nasdaq) is China's largest online degree service provider. The company has strategic relationships with 29 universities throughout China with approximately 400,000 paying students. In addition, ChinaEdu provides online tutoring for primary and secondary school students.
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