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Native name | 好未来 |
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ISIN | US8740801043 |
Industry | Elementary and Secondary Schools
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Founded | August 2003 |
Founders |
Zhang Bangxin Cao Yundong [1] [2] |
Headquarters | , China |
Areas served |
Mainland China Hong Kong [3] |
Key people | |
Brands | Xueersi, Mobby, Firstleap, Izhikang, Shunshun Liuxue [3] |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 34,733 [2] |
Website |
en |
TAL Education Group ( Chinese: 好未来), which stands for "Tomorrow Advancing Life", [5] is a Chinese holding company that offers after-school education and tutoring for students in primary and secondary school. It is headquartered in Beijing, China. [1] [2] [3] The company was founded in August 2003 by Zhang Bangxin and Cao Yundong, as "Xueersi" (Study and think). [1] [2]
The company provides standardized test preparation and consultation services for students studying abroad. [6] It offered help to kids who could not go to school due to the COVID-19 pandemic in subjects including mathematics, Chinese, English, and coding. After new rules were issued by the Chinese government preventing for-profit tutoring companies from earning a profit, the company's stock went down significantly, with a projected 70% decrease in 2022 revenue. [7]
In 2018, it acquired CodeMonkey. [8] [9]