LAIX Inc. (LAIX)
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LAIX Inc., an artificial intelligence (AI) company, provides online English learning products and services in the People's Republic of China. It offers English Liulishuo app, which offers a suite of courses, including free courses for leisure learning, the paid personalized standard courses, DongNi English, and other paid courses, as well as DongNi English A+ app; LiuLi Reading mobile app that allows users to read articles from publishers supplemented by detailed learning tips and quizzes; and Kids Liulishuo, a mobile app that enhance the reading, hearing, and speaking abilities of kids. The company also provides IELTS Liulishuo app for IELTS speaking practice tests; and enterprise learning services for corporate customers. In addition, it is involved in AI lab operation; technology development; and provision of loan arrangement and marketing support services. The company was formerly known as LingoChamp Inc. LAIX Inc. was incorporated in 2013 and is headquartered in Shanghai, the People's Republic of China.
NEWS
LAIX (LAIX) Stock: 1-For-14 Reverse Stock Split Goes Into Effect
pulse2.com
2022-03-04 07:38:27A 1-for-14 reverse split has gone into effect for LAIX Inc (NYSE: LAIX). These are the details.
LAIX Inc. Announces Second Quarter 2021 Unaudited Financial Results
prnewswire.com
2021-08-26 17:00:00SHANGHAI, Aug. 26, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operating Highlights Net income for the second quarter of 2021 was RMB14.0 million (US$2.2 million), compared with a net income of RMB12.2 million for the previous quarter and a net loss of RMB92.5 million for the same quarter last year.
LAIX Inc. Special Committee Retains Financial Advisor and Legal Counsel
prnewswire.com
2021-08-17 08:00:00SHANGHAI, Aug. 17, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that the special committee (the "Special Committee") of the Company's board of directors has retained Houlihan Lokey (China) Limited as its financial advisor and Kirkland & Ellis as its U.S. legal counsel in connection with its review and evaluation of the previously announced non-binding "going private" proposal from Dr. Yi Wang, co-founder, chairman of the Board and chief executive officer of the Company, Mr. Zheren Hu, co-founder, director and chief technology officer of the Company, Dr. Hui Lin, co-founder, director and chief scientist of the Company, and PCIL IV Limited (collectively, the "Buyer Group") that the Board received on August 4, 2021 (the "Transaction").
LAIX Inc. Announces Formation of Special Committee
prnewswire.com
2021-08-06 08:00:00SHANGHAI, Aug. 6, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that its board of directors (the "Board") has formed a special committee (the "Special Committee") consisting of two independent directors, Dr. Li-Lan Cheng, who will serve as the chairman of the Special Committee, and Ms. Min (Jenny) Zhang, to evaluate and consider the previously announced preliminary non-binding proposal letter dated August 4, 2021 (the "Proposal").
LAIX Stock Price Increases Over 5% Pre-Market: Why It Happened
pulse2.com
2021-08-04 09:23:51The stock price of LAIX Inc (NYSE: LAIX) increased by over 5% pre-market. This is why it happened.
LAIX Inc. Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company
prnewswire.com
2021-08-04 08:00:00SHANGHAI, Aug. 4, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter"), dated August 4, 2021, from Mr. Yi Wang, co-founder, chairman of the Board and chief executive officer of LAIX, Mr.
LAIX Inc. Sponsored ADR (LAIX) Upgraded to Strong Buy: Here's Why
zacks.com
2021-07-01 12:46:21LAIX Inc. Sponsored ADR (LAIX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
4 Robinhood Penny Stocks to Watch in Summer 2021
pennystocks.com
2021-05-27 15:38:27Best Robinhood penny stocks for Summer 2021? Check these 4 out The post 4 Robinhood Penny Stocks to Watch in Summer 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
LAIX, Inc. (LAIX) CEO Yi Wang on Q1 2021 Results - Earnings Call Transcript
seekingalpha.com
2021-05-27 00:44:02LAIX, Inc. (LAIX) CEO Yi Wang on Q1 2021 Results - Earnings Call Transcript
Recap: LAIX Q1 Earnings
benzinga.com
2021-05-26 17:14:52Shares of LAIX (NYSE:LAIX) moved higher after the company reported Q1 results. Quarterly Results Earnings per share rose 107.14% year over year to $0.04, which beat the estimate of ($0.60).
LAIX Inc. Announces First Quarter 2021 Unaudited Financial Results
prnewswire.com
2021-05-26 17:00:00SHANGHAI, May 26, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial and Operating Highlights Net income for the first quarter of 2021 was RMB12.2 million (US$1.9 million), compared with a net loss of RMB34.7 million for the previous quarter and a net loss of RMB197.0 million for the same quarter last year.
LAIX Inc. to Report First Quarter 2021 Financial Results on Wednesday, May 26, 2021
prnewswire.com
2021-05-20 05:30:00SHANGHAI, May 20, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it will report its first quarter 2021 unaudited financial results on Wednesday, May 26, 2021, after the close of the U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on May 26, 2021 (9:00 AM Beijing/Hong Kong time on May 27, 2021).
LAIX Inc. Filed 2020 Annual Report on Form 20-F
prnewswire.com
2021-04-29 23:00:00SHANGHAI, April 29, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years ended December 31, 2020 with the Securities and Exchange Commission on April 29, 2021. The annual report is available on the Company's website at ir.laix.com.
LAIX, Inc. (LAIX) CEO Yi Wang on Q4 2020 Results - Earnings Call Transcript
seekingalpha.com
2021-04-27 23:09:11LAIX, Inc. (LAIX) CEO Yi Wang on Q4 2020 Results - Earnings Call Transcript
LAIX Inc. Announces Fourth Quarter and Full Year 2020 Unaudited Financial Results
prnewswire.com
2021-04-27 17:00:00SHANGHAI, April 27, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial and Operating Highlights Gross billings[1] for the fourth quarter of 2020 were RMB171.1 million (US$26.2 million), a 33.4% decrease from RMB257.1 million for the previous quarter and a 50.0% decrease from RMB341.9 million for the same quarter last year.
LAIX Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on Tuesday, April 27, 2021
prnewswire.com
2021-04-15 17:30:00SHANGHAI, April 15, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it will report its fourth quarter and full year 2020 unaudited financial results on Tuesday, April 27, 2021, after the close of the U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on April 27, 2021 (9:00 AM Beijing/Hong Kong time on April 28, 2021).
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LAIX (LAIX) Stock: 1-For-14 Reverse Stock Split Goes Into Effect
pulse2.com
2022-03-04 07:38:27A 1-for-14 reverse split has gone into effect for LAIX Inc (NYSE: LAIX). These are the details.
LAIX Inc. Announces Second Quarter 2021 Unaudited Financial Results
prnewswire.com
2021-08-26 17:00:00SHANGHAI, Aug. 26, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operating Highlights Net income for the second quarter of 2021 was RMB14.0 million (US$2.2 million), compared with a net income of RMB12.2 million for the previous quarter and a net loss of RMB92.5 million for the same quarter last year.
LAIX Inc. Special Committee Retains Financial Advisor and Legal Counsel
prnewswire.com
2021-08-17 08:00:00SHANGHAI, Aug. 17, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that the special committee (the "Special Committee") of the Company's board of directors has retained Houlihan Lokey (China) Limited as its financial advisor and Kirkland & Ellis as its U.S. legal counsel in connection with its review and evaluation of the previously announced non-binding "going private" proposal from Dr. Yi Wang, co-founder, chairman of the Board and chief executive officer of the Company, Mr. Zheren Hu, co-founder, director and chief technology officer of the Company, Dr. Hui Lin, co-founder, director and chief scientist of the Company, and PCIL IV Limited (collectively, the "Buyer Group") that the Board received on August 4, 2021 (the "Transaction").
LAIX Inc. Announces Formation of Special Committee
prnewswire.com
2021-08-06 08:00:00SHANGHAI, Aug. 6, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that its board of directors (the "Board") has formed a special committee (the "Special Committee") consisting of two independent directors, Dr. Li-Lan Cheng, who will serve as the chairman of the Special Committee, and Ms. Min (Jenny) Zhang, to evaluate and consider the previously announced preliminary non-binding proposal letter dated August 4, 2021 (the "Proposal").
LAIX Stock Price Increases Over 5% Pre-Market: Why It Happened
pulse2.com
2021-08-04 09:23:51The stock price of LAIX Inc (NYSE: LAIX) increased by over 5% pre-market. This is why it happened.
LAIX Inc. Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company
prnewswire.com
2021-08-04 08:00:00SHANGHAI, Aug. 4, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter"), dated August 4, 2021, from Mr. Yi Wang, co-founder, chairman of the Board and chief executive officer of LAIX, Mr.
LAIX Inc. Sponsored ADR (LAIX) Upgraded to Strong Buy: Here's Why
zacks.com
2021-07-01 12:46:21LAIX Inc. Sponsored ADR (LAIX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
4 Robinhood Penny Stocks to Watch in Summer 2021
pennystocks.com
2021-05-27 15:38:27Best Robinhood penny stocks for Summer 2021? Check these 4 out The post 4 Robinhood Penny Stocks to Watch in Summer 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
LAIX, Inc. (LAIX) CEO Yi Wang on Q1 2021 Results - Earnings Call Transcript
seekingalpha.com
2021-05-27 00:44:02LAIX, Inc. (LAIX) CEO Yi Wang on Q1 2021 Results - Earnings Call Transcript
Recap: LAIX Q1 Earnings
benzinga.com
2021-05-26 17:14:52Shares of LAIX (NYSE:LAIX) moved higher after the company reported Q1 results. Quarterly Results Earnings per share rose 107.14% year over year to $0.04, which beat the estimate of ($0.60).
LAIX Inc. Announces First Quarter 2021 Unaudited Financial Results
prnewswire.com
2021-05-26 17:00:00SHANGHAI, May 26, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial and Operating Highlights Net income for the first quarter of 2021 was RMB12.2 million (US$1.9 million), compared with a net loss of RMB34.7 million for the previous quarter and a net loss of RMB197.0 million for the same quarter last year.
LAIX Inc. to Report First Quarter 2021 Financial Results on Wednesday, May 26, 2021
prnewswire.com
2021-05-20 05:30:00SHANGHAI, May 20, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it will report its first quarter 2021 unaudited financial results on Wednesday, May 26, 2021, after the close of the U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on May 26, 2021 (9:00 AM Beijing/Hong Kong time on May 27, 2021).
LAIX Inc. Filed 2020 Annual Report on Form 20-F
prnewswire.com
2021-04-29 23:00:00SHANGHAI, April 29, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years ended December 31, 2020 with the Securities and Exchange Commission on April 29, 2021. The annual report is available on the Company's website at ir.laix.com.
LAIX, Inc. (LAIX) CEO Yi Wang on Q4 2020 Results - Earnings Call Transcript
seekingalpha.com
2021-04-27 23:09:11LAIX, Inc. (LAIX) CEO Yi Wang on Q4 2020 Results - Earnings Call Transcript
LAIX Inc. Announces Fourth Quarter and Full Year 2020 Unaudited Financial Results
prnewswire.com
2021-04-27 17:00:00SHANGHAI, April 27, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial and Operating Highlights Gross billings[1] for the fourth quarter of 2020 were RMB171.1 million (US$26.2 million), a 33.4% decrease from RMB257.1 million for the previous quarter and a 50.0% decrease from RMB341.9 million for the same quarter last year.
LAIX Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on Tuesday, April 27, 2021
prnewswire.com
2021-04-15 17:30:00SHANGHAI, April 15, 2021 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it will report its fourth quarter and full year 2020 unaudited financial results on Tuesday, April 27, 2021, after the close of the U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on April 27, 2021 (9:00 AM Beijing/Hong Kong time on April 28, 2021).