QuantaSing Group Extends Business Portfolio into Pop Toys Sector through Letsvan Investment
03/24/25, 9:09 AM
Location
beijingIndustry
language learning
e learning
education
Type
partnership
QuantaSing Group Limited has entered into definitive agreements to invest in Shenzhen Yiqi Culture Co., Ltd. (Letsvan), a PRC-based company specializing in IP incubation, copyright commercialization, and the promotion and sales of pop toys. This marks QuantaSing's strategic entry into the pop toys market and broader consumer goods sector. Upon completion of the investments, Letsvan will become a controlled subsidiary of the Company, and its financial results will be consolidated into QuantaSing's financial statements.
Company Info
Location
beijing, beijing, china
Additional Info
QuantaSing Group Limited (Nasdaq: QSG) is a company dedicated to adult learning services and products. The company focuses on attracting and retaining new users and learners, increasing spending and revenues, maintaining and enhancing brand recognition, and meeting the demands of China's adult learning market.