The East Buy’s logo. [Photo/VCG] East Buy Holding Ltd, a Chinese e-commerce platform of New Oriental’s founder Yu Minhong, reported its self-branded products achieving a gross merchandise value of more than 3.6 billion yuan ($496 million) for the second half of the 2024 fiscal year ending May. The GMV marked a 108 percent growth compared … Continue reading East Buy Holding reports 108% growth YoY
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Tutor firm chief not satisfied with unit
The products are on display at the exhibition area for East Buy (Dongfang Zhenxuan) platform during China International Fair for Trade in Services in Beijing on Sept 3, 2022. [Photo/VCG] Yu Minhong, founder and chairman of Chinese private tutoring company New Oriental Education and Technology Group, has expressed his dissatisfaction over East Buy, the livestreaming … Continue reading Tutor firm chief not satisfied with unit