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Last Trade
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Last Trade:
$3.13
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Change:
-0.1199 (-3.69%)
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Trade Time:
12:11 PM EST
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Market Cap:
$150.65M
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Description of Business
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We began our operations in Beijing in September 2002 through Beijing Tarena
Technology Co., Ltd. In November 2012, we changed the name of Beijing Tarena
Technology Co., Ltd. to Tarena Technologies Inc., or Tarena Tech. Tarena
International, Inc., an exempted company with limited liability, was
incorporated in the Cayman Islands in October 2003 and became our ultimate
holding company. We established Tarena Hong Kong Limited, or Tarena HK, as our
wholly owned subsidiary in October 2012. Tarena HK wholly owns Tarena Software
Technology (Hangzhou) Co., Ltd., or Tarena Hangzhou, an entity that we
established in January 2013.
On April 3, 2014, our ADSs began trading on Nasdaq under the ticker symbol
"TEDU." We and certain selling shareholders sold a total of 15,300,000 ADSs,
representing 15,300,000 Class A ordinary shares, at an initial offering price of
$9.00 per ADS.
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