{"id":783270,"date":"2023-09-12T05:03:16","date_gmt":"2023-09-12T09:03:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/"},"modified":"2023-09-12T05:03:16","modified_gmt":"2023-09-12T09:03:16","slug":"quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/","title":{"rendered":"QuantaSing&#8217;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BEIJING, Sept.  12, 2023  (GLOBE NEWSWIRE) &#8212; QuantaSing Group Limited (NASDAQ: QSG) (\u201cQuantaSing\u201d or the \u201cCompany\u201d), a leading online learning service provider in China, today announced that its newest business endeavor, live e-commerce, has yielded impressive results. For August 2023, the Company\u2019s live e-commerce business generated RMB13.3 million in Gross Merchandise Value (GMV).<\/p>\n<p align=\"justify\">QuantaSing launched its live e-commerce business with an initial focus on Chinese liquor in June 2023. Since then, the Company and its new initiative have gained widespread recognition from millions of viewers. The positive response from viewers has fueled the platform\u2019s strong performance following launch.<\/p>\n<p align=\"justify\">Mr. Peng Li, QuantaSing\u2019s Chairman and Chief Executive Officer, commented, \u201cWhile the adult learning market is still our core focus, we are actively pursuing opportunities to further strengthen our market position. By harnessing our established operational expertise and applying it to the realm of live e-commerce, we have achieved remarkable success. We will continue to develop our business and seek innovative ways to succeed, and we remain dedicated to delivering exceptional value to our shareholders.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About QuantaSing Group Limited<\/strong><br \/>\n        <br \/>QuantaSing is a leading online service provider in China dedicated to improving people\u2019s quality of life and well-being by providing lifelong personal learning and development opportunities. The Company is the largest service provider in China\u2019s online adult learning market and China\u2019s adult personal interest learning market in terms of revenue, according to a report by Frost &amp; Sullivan based on data from 2022. By leveraging its proprietary tools and technology, QuantaSing offers easy-to-understand, affordable, and accessible online courses to adult learners under a variety of brands, including QiNiu, JiangZhen, and QianChi, empowering users to pursue personal development. Leveraging its extensive experience in individual online learning services, the Company has also expanded its services to corporate clients including, among others, marketing services and enterprise talent management services.<\/p>\n<p>For more information please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1KTkWbglR8_0CItT72gdsq-nU2CrGwV6lqYlqJbHESyXs4m3NVO_Cql8eTn2eQ2BfAou-vjseeII6oW5V16rmUImHu1ZdEQDUA03ZrZ9JQU=\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/ir.quantasing.com<\/a>.<\/p>\n<p>\n        <strong>Investor Relations Contact<\/strong><br \/>\n        <br \/>Leah Guo<br \/>QuantaSing Group Limited<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jsORLmLbzHfC75rVdCBLelC9RhzWbTUcjkJPeurIxbQqKqLRjEiaq3ACLx4_sF4cVjaKbTDoIWpZ_omCuphcd97zWMvMicHmDoMxHNnr6Vk=\" rel=\"nofollow noopener\" target=\"_blank\">ir@quantasing.com<\/a><br \/>Tel: +86 (10) 6493-7857<\/p>\n<p>Robin Yang, Partner<br \/>ICR, LLC<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OPjoULSc5hA5AYIzoEO3EgBZrhNhd06WkA9gNiD46hiJh1NgdtiH2aoHPOT3lpFhJxVK4HudUoJUsTRqMbvz3OCh-f6QNMc1ZCnPKAMlxaw=\" rel=\"nofollow noopener\" target=\"_blank\">QuantaSing.IR@icrinc.com<\/a><br \/>Phone: +1 (212) 537-0429<\/p>\n<p>Public Relations <br \/>Brad Burgess, Senior Vice President<br \/>ICR, LLC<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rH0R6s6-IQdzvyfGggR3tS1WDgFEMRI_bk7KxCWElPO-1sjoMSwXwi0ePlGB1UlrxWYu9nfg-XEX4jBSycg8kagHBLmgb0-6l38qNAwEvEs=\" rel=\"nofollow noopener\" target=\"_blank\">Brad.Burgess@icrinc.com<\/a><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDUyMyM1ODA5NzE5IzIyNTQxNzE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NzEyZGUzZjktZTRhOS00NTM1LTg5ZjQtMzA5M2Y1NGIwOTViLTEyNjU3MjA=\/tiny\/QuantaSing-Group-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, Sept. 12, 2023 (GLOBE NEWSWIRE) &#8212; QuantaSing Group Limited (NASDAQ: QSG) (\u201cQuantaSing\u201d or the \u201cCompany\u201d), a leading online learning service provider in China, today announced that its newest business endeavor, live e-commerce, has yielded impressive results. For August 2023, the Company\u2019s live e-commerce business generated RMB13.3 million in Gross Merchandise Value (GMV). QuantaSing launched its live e-commerce business with an initial focus on Chinese liquor in June 2023. Since then, the Company and its new initiative have gained widespread recognition from millions of viewers. The positive response from viewers has fueled the platform\u2019s strong performance following launch. Mr. Peng Li, QuantaSing\u2019s Chairman and Chief Executive Officer, commented, \u201cWhile the adult learning market is still our core focus, we are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;QuantaSing&#8217;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-783270","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QuantaSing&#039;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QuantaSing&#039;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, Sept. 12, 2023 (GLOBE NEWSWIRE) &#8212; QuantaSing Group Limited (NASDAQ: QSG) (\u201cQuantaSing\u201d or the \u201cCompany\u201d), a leading online learning service provider in China, today announced that its newest business endeavor, live e-commerce, has yielded impressive results. For August 2023, the Company\u2019s live e-commerce business generated RMB13.3 million in Gross Merchandise Value (GMV). QuantaSing launched its live e-commerce business with an initial focus on Chinese liquor in June 2023. Since then, the Company and its new initiative have gained widespread recognition from millions of viewers. The positive response from viewers has fueled the platform\u2019s strong performance following launch. Mr. Peng Li, QuantaSing\u2019s Chairman and Chief Executive Officer, commented, \u201cWhile the adult learning market is still our core focus, we are &hellip; Continue reading &quot;QuantaSing&#8217;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-12T09:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDUyMyM1ODA5NzE5IzIyNTQxNzE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"QuantaSing&#8217;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August\",\"datePublished\":\"2023-09-12T09:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\\\/\"},\"wordCount\":357,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkyMDUyMyM1ODA5NzE5IzIyNTQxNzE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\\\/\",\"name\":\"QuantaSing's Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August - 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For August 2023, the Company\u2019s live e-commerce business generated RMB13.3 million in Gross Merchandise Value (GMV). QuantaSing launched its live e-commerce business with an initial focus on Chinese liquor in June 2023. Since then, the Company and its new initiative have gained widespread recognition from millions of viewers. The positive response from viewers has fueled the platform\u2019s strong performance following launch. Mr. Peng Li, QuantaSing\u2019s Chairman and Chief Executive Officer, commented, \u201cWhile the adult learning market is still our core focus, we are &hellip; Continue reading \"QuantaSing&#8217;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-12T09:03:16+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDUyMyM1ODA5NzE5IzIyNTQxNzE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"QuantaSing&#8217;s Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August","datePublished":"2023-09-12T09:03:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/"},"wordCount":357,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDUyMyM1ODA5NzE5IzIyNTQxNzE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/quantasings-live-e-commerce-generated-remarkable-rmb13-3-million-gmv-in-august\/","name":"QuantaSing's Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August - 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