global education Verified

Global Education & Technology Group, also known as Global IELTS in China, is a wholly owned subsidiary of Pearson Group, the largest education company in the world. Founded in 1997, the company obtained investment from SAIF Fund in 2006 to fund rapid expansions. In 2010, Global Education & Technology Group completed its IPO on NASDAQ (Stock Symbol: GEDU) and was acquired by Pearson Group in 2012. Today, Global Education & Technology Group (“GEDU”) is one of the largest education company in China with 79 directly owned learning centers in 19 cities and over 400 franchised schools throughout mainland China. In 2014, GEDU had achieved 170,000 enrollments in its directly owned learning centers, a 7% increase from 2013.