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Stock impact report

EDTK Announces Business Plans to Expand Into New Market and Offer Free Online Trainings to Attract Customers

Skillful Craftsman Education Technology Limited - Ordinary Share (EDTK) 
Company Research Source: GlobeNewswire
WUXI, China, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) announced today that the board of directors of the Company (the “Board”) has approved a plan to establish a wholly-owned subsidiary in the United States, to expand into the international new skills training market. Additionally, the Board has approved, starting October 1, 2024, the Company will remove the membership fee requirement for the Education Cloud Platform under Wuxi Kingway Technology Co., Ltd., a variable interest entity of the Company in China, offering free online skills training for all users in need to expand our customer base. Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, resul Show less Read more
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