| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
50 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
107 |
| Net Income (TTM) (Millions $) |
9 |
| Cash Flow (TTM) (Millions $) |
-11 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Laix Inc. is a technology company that specializes in artificial intelligence and language learning. The company was founded in 2013 by Wang Yi, a former English teacher who saw the potential for AI to revolutionize language learning.
The company's flagship product is the English language learning app, "Liulishuo", which uses AI technology to provide personalized language learning experiences for users. The app has been downloaded over 140 million times and has won numerous awards for its innovative approach to language learning.
In addition to its language learning app, Laix Inc. has also developed a variety of AI-powered products, including customer service chatbots and voice recognition technology. The company's AI technology is designed to help companies automate their customer service operations, improve customer satisfaction, and increase efficiency.
Laix Inc. is headquartered in Shanghai, China and has offices in New York and Silicon Valley. The company is listed on the New York Stock Exchange under the ticker symbol "LAIX". As of 2021, the company has over 900 employees and has raised over $115 million in funding from investors.
Overall, Laix Inc. is a prominent player in the AI language learning field, and has made significant contributions to the development of AI-powered customer service technology. With its innovative approach to language learning, the company has helped millions of people around the world improve their English proficiency.
Company Address: Building C2 Shanghai 200090
Company Phone Number: 3511-7188 Stock Exchange / Ticker: NYSE LAIX
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