RISE Education Cayman Ltd.

General Information
Business:

We operate in China’s junior ELT market, which refers to after-school English teaching and tutoring services provided by training institutions to students aged three to 18. We are a leader in China’s junior ELT market according to Frost & Sullivan, and we ranked second in 2016 with a market share of 10.7% in terms of gross billings in the premium segment. Furthermore, in 2016, we ranked first in the junior ELT market in Beijing with a market share of 11.4% and ranked second in the junior ELT market in tier-one cities with a market share of 5.9%, both in terms of gross billings according to Frost & Sullivan.

Industry: EDUCATIONAL SERVICES
Employees: 2370
Founded: 2008
Contact Information
Address Room 101, Jia He Guo Xin Mansion, No.15 Baiqiao Street, Guangqumennei, Dongcheng District, Beijing 100062, People’s Republic of China
Phone Number +86 10-8559-9000
Web Address
View Prospectus: RISE Education Cayman Ltd.
Financial Information
Market Cap $797.5mil
Revenues $126.3 mil (last 12 months)
Net Income $14.4 mil (last 12 months)
IPO Profile
Symbol REDU
Exchange NASDAQ
Shares (millions): 11.0
Price range $14.50 - $14.50
Est. $ Volume $159.5 mil
Manager / Joint Managers Morgan Stanley/ Credit Suisse
CO-Managers UBS Securities/ HSBC
Expected To Trade: 10/20/2017
Status: Priced
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