BEIJING, Nov. 19, 2018 /PRNewswire/ -- China Online Education Group (NYSE:COE), based in Beijing, focused on online education, today announced that the November 14 presentation from Co-CFO Min Xu, is now available for on-demand viewing in the dbVIC Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference.

• Net revenues were RMB281.7 million (US$42.6 million), a 46.9% increase from RMB191.8 million for the second quarter of 2017.
• Gross billings were RMB420.0 million (US$63.5 million), an 18.3% increase from RMB355.1 million for the second quarter of 2017.
• Gross margin was 65.7%, compared with 62.9% for the second quarter of 2017.
• Percentage of gross billings contributed by K-12 students was 83.5%, compared with 71.9% for the second quarter of 2017.

51Talk, or China Online Education Group (NYSE:COE), is a leading online education platform in China, with core expertise in English education. The Company's mission is to make quality education accessible and affordable. The Company's online and mobile education platforms enable students across China to take live one-on-one interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.

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