NEW YORK, Oct. 20 (Korea Bizwire) — RISE Education Cayman Ltd. (Nasdaq:REDU), a leader in China’s junior English Language Training (ELT) market, rang the opening bell at the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
Photos accompanying this announcement are available at
RISE pioneered the “subject-based learning” teaching philosophy in China, whereby various subject matters, such as language arts, math, natural science and social science are used to teach English. RISE’s course offerings use interactive courseware to create an immersive English learning environment that helps students learn to speak and think like a native speaker. In addition, their curricula are designed to foster leadership and critical thinking skills in students while developing their self-confidence and sense of independence.
“RISE developed an innovative and holistic approach to teaching English that is increasingly attractive to Chinese parents who are looking for alternatives to traditional ELT programs in China,” said Nelson Griggs, President of the Nasdaq Stock Exchange. “They are the innovators that are at the forefront of fostering a global climate for the next generation of leaders, and we are proud to be their partner during their journey as a public company.”
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Source: Nasdaq, Inc. via GLOBE NEWSWIRE