$EAST BUY(01797.HK)$
Premium membership is expected to be fully launched in October. Upon completion, EAST BUY will be the first live broadcast organization to pioneer premium membership. 
It was reported that EAST BUY premium membership priced at RMB199 per year, with exclusive rights including 12% discount on hundreds of self-operated products, etc.. As such, premium members are expected to save up to RMB12,000 a year. 
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$Online Education(BK1193.HK)$$New Oriental(EDU.US)$$NEW ORIENTAL-S(09901.HK)$
Despite Daiwa recently raising its target price to $41, the share price of $EAST BUY(01797.HK)$ tumbled for the sixth day from its peak in more than five months and slumped below the 250MA today.
The stock last stood at $36.1, eroding by 5% and becoming the worst-performing $Hang Seng TECH Index(800700.HK)$ constituent stock. The trading volume was merely 9.78 million shares, w...

$EAST BUY(01797.HK)$ opened up 3.42% this morning (22nd), peaking at $40. It last printed at $39.55, up 4.08%, on volume of 4.642 million shares and turnover of $183 million.
EAST BUY decided to join Taobao Live, in the middle of building a team for it, Chinese media cited people familiar with the matter. $Alibaba(BABA.US)$$BABA-SW(09988.HK)$
Report added that EAST BUY has already identified good suppli...

$New Oriental(EDU.US)$$EAST BUY(01797.HK)$
$NEW ORIENTAL-S(09901.HK)$ released the unaudited financial results.
For the fourth fiscal quarter of 2023, the total net revenues increased by 64.2% year over year to US$860 million. Operating income was US$48.054 million, versus loss of US$106 million over a year ago period. Net income attributable to shareholders amounted to US$28.959 million, against loss of US$189 million over a year ago period...

$EAST BUY(01797.HK)$ opened up 3.93% today, once peaking at $26.5. It last printed at $26.25, up 14.63%, on a volume of 15.5304 million shares and turnover of $393 million.
According to data from Xindou, EAST BUY successfully retained the title of top seller among Douyin live-streamers in April, for the fourth consecutive time.
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$Online Education(BK1193.HK)$$New Oriental(EDU.US)$$EAST BUY(01797.HK)$$NEW ORIENTAL-S(09901.HK)$
Beijing New Oriental Xuncheng Network Technology, an affiliate of Koolearn, recently introduced Nyingchi Tencent Technology as a new shareholder which holds a 9.99% stake, Chinese media cited information from Tianyancha.
New Oriental Education & Technology Group is the largest shareholder of Beijing New Oriental Xuncheng Network Technology...

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New Oriental Education Group's founder Yu Minhong expressed at the "Annual Conference of Yabuli China Entrepreneurs Forum 2023" that incorporating artificial intelligence technologies into education has become a norm and will likely not bring subversive impacts on the na...

EAST BUY is the name of the New Oriental live broadcast room, which is used for selling goods. Does this mean that it is about to shift its focus to live selling?
$EAST BUY(01797.HK)$ announced that the English and Chinese short stock names for trading in the securities of the Company on the Stock Exchange will be changed from "KOOLEARN" and "新東方在線" to "EAST BUY" and "東方甄選" respectively, effective Tuesday (14th).
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$EAST BUY(01797.HK)$$New Oriental(EDU.US)$$NEW ORIENTAL-S(09901.HK)$$Online Education(BK1193.HK)$$Mainland Education(BK2124.US)$
A report said CCTV New Year's Gala cooperates with the live-streaming e-commerce platform Oriental Selection, which whips up Koolearn's stock price.

$Online Education(BK1193.HK)$$New Oriental(EDU.US)$$EAST BUY(01797.HK)$$NEW ORIENTAL-S(09901.HK)$
New Oriental Online announced that the board of directors suggested changing the company name from "Koolearn Technology Holding Limited" to "East Buy Holding Limited".
The company believes that the new name can better reflect the development direction and future prospects of the company's existing business, enable the company t...