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Md Delwar Hossain
May 11, 2022
In Plant Forum
As Webo English will likely prompt just-needed users to be cautious about offline training that costs tens of thousands of yuan, and Special Database then transfer their needs to low-end customers such as Liulishuo. Unit price online platform. In fact, Weibo English is not an isolated case. According to the data compiled by the investment community, there are more than 20 educational institutions in crisis in 2019, including. Mengta Education, Lezhi English, etc. and online English learning platforms. Among Special Database the reasons identified by many media, the blame is directed at educational loans: once students sign a contract, the financial institution will make. A one-time loan to the educational institution, and students need to repay on time every month during the contract period regardless of whether they are attending classes or not. to Special Database financial institutions. Since many educational institutions used prepaid funds as cash flow for expansion, they fell into business bottlenecks after the capital chain was broken, and ended up closing their stores and running away. Following Special Database this point of view, the collapse of Weber English may be just the prelude. According to the "Implementation Opinions on Regulating Off-campus Online Training" promulgated in July last year. It is clearly required that off-campus training institutions "should not charge one-time fees for more than 3 months. The starting point is to avoid the risk of running away after training Special Database institutions charge high tuition fees at one time, and will complete the filing and investigation of online training institutions nationwide by the end of 2019. Qualifications, etc. That is to say, those players who do not follow the design rules of tuition installment loan products, or who do not comply with the qualifications and processes, still have the possibility of being eliminated. Of course, from another perspective, the spillover effect Special Database of the offline bankruptcies will also be an opportunity for Liulishuo and others to take the opportunity to harvest the market.
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Md Delwar Hossain

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