Faced with the overwhelming wealth and prestige, Gaotu has publicly responded to many external issues.
On December 15th, Chen Xiangdong, founder, chairman, and CEO of Gaotu, stated in an interview with media such as The Paper that he would not actively poach Dong Yuhui and believed that Dong Yuhui would not come out to start a business.
"I have been working at New Oriental for over 14 years and have a strong emotional attachment to it." He said that Dong Yuhui is a rare person and can even be said to have built a company. However, actively poaching Dong Yuhui is "not something that people do" unless he leaves on his own.
"Dongfang Zhenxuan and Gaotu are completely different companies and cannot be compared." Chen Xiangdong said that when Gaotu went public, the top ten teachers once accounted for nearly 40% of the company's revenue. If you treat your teachers well enough, how could you go? If you really go, you have to congratulate them. Gaotu worked hard on basic skills for over a year last year, and each employee was personally selected. Faced with opportunities, they hoped to seize them.
"Dong Yuhui won't start his own business, and he also has a deep affection for New Oriental." Chen Xiangdong said, hoping that everyone will love Dong Yuhui more.
Earlier today, Chen Xiangdong stated in an exclusive interview with Pengpai News that Gaotu Jiapin always welcomes outstanding talents in the industry to join Gaotu, work together to provide better services for everyone, and create greater social value, "One of the core competitiveness of Gaotu Group is the strict selection of excellent lecturers. 'Famous teachers lead to Gaotu'. Gaotu Jiapin is a live streaming e-commerce platform under Gaotu Group. Similarly, for the anchor team of Gaotu Jiapin, we will also strictly select anchors, actively cultivate excellent anchors, and look forward to the emergence of outstanding talents."
On the evening of December 14, @ Chen Xiangdong, who was certified as the founder, chairman and CEO of Gaotu, once posted a microblog saying, "100000+are online at the same time, miracles, belong to Gaotu products, belong to Gaotu, belong to you, belong to us, dear friends." As of 18:00 on December 15, the number of fans of Gaotu products on Tiktok platform has risen to 1.374 million.
Previously, during the live broadcast, a netizen asked, will Gaotu poach Dong Yuhui? Chen Xiangdong responded by saying, "Dong Yuhui is not for digging, but for love." In the aforementioned Weibo post, Chen Xiangdong once again mentioned Dong Yuhui, stating that a sentence he blurted out was indeed his own state of mind. It's really, really not easy for a hero who has been recognized by so many fans to come out, even though he comes from a teacher's background, in this era.
According to Gaotu's official WeChat official account, its predecessor was "Learn from Who". In June 2014, it was founded under the leadership of Chen Xiangdong. The team members are mainly core technical backbones from education and training institutions such as New Oriental and Internet companies such as Baidu and Ali. On June 6, 2019, the company successfully listed on the New York Stock Exchange (stock code: GSX) under its brand name "Learn from Who", becoming the first K12 online education company in China to be listed in the United States. Gaotu Jiapin is its e-commerce live streaming room. According to data from Grey Porpoise, the sales revenue of Gaotu Jiapin's live streaming room in the past 7 days has been between 7.5 million yuan and 10 million yuan, with a cumulative increase of 353000 new fans. Especially in the past two days, the number of fans in this live streaming room has increased by over 280000.