Meten EdtechX Reports a 1,910.4% Increase in Gross Billing and an 758.1% Increase in Students Enrollment of its Junior ELT Business in April 2021
Meten Holding Group Ltd. - Ordinary Shares (METX)
Company Research
Source: GlobeNewswire
SHENZHEN, China, May 21, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), one of the leading omnichannel English language training (“ELT”) service providers in China, today announced that the gross billing and student enrollment of its junior ELT business increased by 1,910.4% and 758.1% respectively in April 2021 compared to the same period of last year. The gross billing and student enrollment increased by 100.6% and 31.0% respectively compared to April 2019. In the first four months of 2021, the gross billing of the Company’s junior ELT business increased by 473.8% year over year and gained a 128.6% growth compared with the same period in 2019. The figures confirm that the Company has returned to its pre-pandemic rapid growth trajectory. The Company is actively expanding its junior ELT business within its current network of 22 cities and has received positive market feedback. The gross billing from student renewa
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