Gaotu Techedu
EdtechChina
📉 Public < $1B
Peak $13 BillionToday
−97%
from peak
- 🦄Became a unicorn2020
- 📈Peak valuation$13 Billion ’21
- 💔Became a Unitard2021
- 💸Last valuation~$460M
Current status
Public sub-$1B small-cap
Live · GOTU· NYSE
as of 2026-08-04
$1.93▲ 19.94% today
≈ $460 Million market cap · −96.5% from peak
How it happened
Gaotu Techedu (formerly GSX/Gaotu) was a Chinese online tutoring company that reached a ~$13B valuation in 2021. China's 2021 'double reduction' crackdown on for-profit private tutoring devastated the after-school education sector and its business model. Combined with broader post-IPO declines, its market value fell roughly 93%, leaving it a sub-$1B small-cap.
Source: SCMP; 2021 crackdown
