Founded in 1993, New Oriental Education & Technology Group, commonly known as Neworiental, is a leading provider of private educational services in China. The company's headquarters is located in Beijing, China. Neworiental offers a wide range of products and services in the education sector.

Its main offerings include language training programs, such as English language courses and test preparation classes for exams like TOEFL and IELTS. The company also provides K-12 after-school tutoring services, college entrance examination preparation courses, and overseas study consulting services. Additionally, Neworiental offers a variety of educational books and materials.

On a global scale, Neworiental has expanded its operations significantly. It has subsidiaries in the United States, Canada, the United Kingdom, Australia, and other countries. These subsidiaries offer language training programs and other educational services to international students.

Neworiental has also formed several partnerships and joint ventures to enhance its global presence. It has collaborated with institutions like Yale University to offer joint programs and establish education centers in China. The company has also partnered with leading global education companies like Pearson Education and EF Education First to develop innovative educational programs.

In terms of market position, Neworiental is a market leader in the private educational services sector in China. With its extensive network of learning centers across the country, the company has a strong presence and enjoys a significant market share. It has successfully differentiated itself by offering high-quality educational programs and services, earning a reputation for academic excellence.

Over the years, Neworiental has achieved several milestones in its growth journey. In 2006, the company was listed on the New York Stock Exchange, making it the first Chinese education company to go public in the United States. This helped raise its profile and attract investors.

As of its latest updates, Neworiental continues to expand its presence both locally and globally. The company has been investing in technology-enabled learning solutions and online education platforms to adapt to the changing education landscape. It has also been actively exploring opportunities in the online language learning market.

In conclusion, Neworiental is a prominent player in the private education sector in China. With a wide range of educational services and a strong market position, the company continues to grow and adapt to the evolving needs of students and the education industry