Meten EdtechX Reports a 591% Increase in Gross Billing of its Junior ELT Business in February 2021
Meten Holding Group Ltd. - Ordinary Shares (METX)
Company Research
Source: GlobeNewswire
SHENZHEN, China, March 05, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today reported that the Company recorded a 591% increase in gross billing of its Junior ELT business in February compared to the same period last year. The Company also registered a single-day sales record on February 27, 2021. These numbers confirm that the Company’s rapid growth trajectory seems to be back to pre-pandemic growth. The Company believes its Junior ELT business will become a strong driver of the Company’s future growth. The Company is actively expanding its Junior ELT business within the scope of its current network and has received positive feedback from the market. In 2021, taking advantage of its existing Junior ELT business network, the Company expects to launch customized courses for students aged between 3 and 6 in cities including Hefei, Anhui
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