Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

Tarena International: Being Unlicensed, Uninsured, And Under Investigation Makes This A Shocking IPO

Who is Tarena International, Inc?

Tarena International, Inc. (NASDAQ:TEDU) is the leading provider of professional education services in China. Their core strength is in IT professional education services, where they are the largest provider in China. Tarena International is a holding company with no material operations of its own. They conduct their operations primarily through their wholly-owned subsidiaries in China. They also control and consolidate a VIE, Beijing Tarena Jinqiao Technology Co., Ltd., or Beijing Tarena.

TEDU held an IPO on 4/3/14. The main underwriters handling the IPO were Goldman Sachs (ASIA) L.L.C. and Credit Suisse.

What do they do and what does the target market look like?

I first became interested in TEDU because I'm bullish on...

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