17 Education & Technology Group

General Information


We are a leading education technology company in China with an “in-school + after-school” integrated model. Our smart in-school classroom solution delivers data-driven teaching, learning and assessment products to teachers, students and parents across over 70,000 K-12 schools, with the number of average MAUs of our products exceeding that of the next four top players combined in the first half of 2020, making us the clear market leader in China, according to the Frost & Sullivan Report.

(Note: 17 Education & Technology Group priced its IPO according to its prospectus terms of 27.4 million ADS at $10.50 each, which is the mid-point of its $9.50-to-$11.50 price range.)

Employees: 2613
Founded: 2013
Contact Information
Address 16/F, Block B, Wangjing Greenland Center, Chaoyang District, Beijing 100102, People’s Republic of China
Phone Number +86 (10) 5945-1082
Web Address http://www.17zuoye.com
View Prospectus: 17 Education & Technology Group
Financial Information
Market Cap $863.5mil
Revenues $152.0 mil (last 12 months)
Net Income $-770.4 mil (last 12 months)
IPO Profile
Symbol YQ
Exchange NASDAQ
Shares (millions): 27.4
Price range $10.50 - $10.50
Est. $ Volume $288.8 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/ BofA Securities
CO-Managers China Renaissance/ Tiger Brokers
Expected To Trade: 12/4/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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