QuantaSing Group Accelerates Global Growth with Strategic Initiatives

BEIJING, April 17, 2024 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading online learning service provider in China, today announced several strategic initiatives integral to the Company’s global growth acceleration. QuantaSing is strengthening its presence in the United States and in Hong Kong as part of this plan.

The Company’s executive team, led by Tim (Dong) Xie, Chief Financial Officer of QuantaSing Group, is currently in the United States engaged in dozens of meetings with investors, potential partners and other key stakeholders in the market. These exchanges are focused on the company’s development, establishing and strengthening new and existing relationships, and shaping next steps for QuantaSing’s growth. 

“Our recent visit to the United States has opened up a wealth of opportunities. We look forward to announcing new partnerships in due course,” said Tim Xie, CFO of QuantaSing. “We also anticipate the opening of our new office in Hong Kong this summer and extend a warm welcome to our friends and partners worldwide to meet us when in market.”

QuantaSing returns to the ASU + GSV Summit
QuantaSing has returned to the ASU + GSV Summit in San Diego this year as a sponsor and continues to contribute to the discussion on the future of online learning, adult education, and education technology. Ken Chau, Chief Executive Officer of Kelly’s Education (a QuantaSing company), joined a panel discussion on “Responsible AI for Kids” highlighting how Kelly’s Education and QuantaSing have harnessed AI tools to break down barriers, reduce stigma, and empower both children and elderly adults to lead more fulfilling lives.

Kelly’s Education shares key business updates
Kelly’s Education recently announced partnerships with two major authorities in English learning courses: Disney World of English and National Geographic Learning. These partnerships aim to provide children with a higher quality teaching environment and learning materials, further enhancing their learning outcomes and building Kelly’s Education as the children’s English learning platform of choice in Hong Kong.

Moreover, Kelly’s Education will announce the opening of its first offline school in May. The school will serve as an interactive, innovative learning center, offering various educational resources and high-quality teaching services, which can effectively combine the advantages of both online and traditional learning methods, providing children with an innovative and engaging learning experience.