Lexue Education Group (hereinafter referred to as "the Group") is a technology-driven education company focusing on the K12 sector, founded in December 2014 by Mr. Cao Yundong, co-founder of TAL Education Group (NYSE: TAL).
The Group currently operates four sub-brands: "Lexue Gaokao", "Lexue Online", "Lexue Peiyou", and "Lexue Gaokao Zhiyuan", providing one-stop education and training solutions covering all grades and subjects from children to high school, forming a complete closed loop for user learning from online to offline. "Lexue Gaokao" and "Lexue Online" are mobile learning platforms for high school, middle school, and primary school students based on mobile phones and tablets, offering one-stop services such as live streaming, on-demand courses, expert Q&A, tutoring exercises, and community services. "Lexue Peiyou" provides offline subject tutoring for primary and secondary school students, delivering high-quality teaching resources. "Lexue Gaokao Zhiyuan" is a platform for college entrance exam students providing volunteer application guidance and value-added services.
The Group has unique inherent advantages. Rooted in excellent education industry genes, it has gathered numerous top-tier teachers, all of whom are full-time instructors. Moreover, Lexue's "5S" three-dimensional teaching model has gained recognition and praise from parents, students, and the industry, naturally attracting capital. In 2014, the Group secured $4 million in angel funding from notable investors such as Lei Jun and Chen Xiaohong, and in August 2015, it completed a $30 million Series A financing round led by Capital, a prominent investment institution.
With the development of mobile internet, the online operations of "Lexue Gaokao" and "Lexue Online" rapidly expanded nationwide. By June 2018, registered users had approached 4 million, helping numerous students gain admission to prestigious universities such as Peking University, Tsinghua University, and Fudan University. The offline campuses of "Lexue Peiyou" have covered nearly 20 key cities across more than ten provinces and regions, including Shanghai, Jiangsu, Guangdong, Shandong, Hunan, Sichuan, and Liaoning.
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