View photos DaDaABC, a Chinese EdTech company, has become an icon in online education industry. Founded in 2013 with headquarters in Shanghai, China, DaDaABC was the first Internet enterprise in China to offer online English courses for children. Despite DaDaABC having been in operations for less than 5 years, however, the company has shown remarkable results in all aspects. DaDaABC’s revenue each monthis close to RMB 100 Million, which indicates DaDaABC’s leading position in the industry. In comparison, some American online education companies are still exploring the business model rather than making money. DaDaABC’s monthly revenue continues growing at 30%. “The growth is not only from China, but we also have overseas students from 22 countries, and the footprint will keep expanding,” said Hui Zhi. “We aim to become the best global online English training company in the near future.” As an entrepreneur and a mom, Hui Zhi clearly knows her ambition. Previously a Marketing Director at Jiayuan.com International Ltd, operator of the largest online dating platform in China, Hui is now leading DaDaABC, with thousands of employees, along with ten thousand English instructors, beyond its current role as the leading China online education company, and into the international market.
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Dont miss: Pilots are keeping mental illness a secret to keep their wings Legislation has passed to improve the state of mental health in recent years, such as the 2008 Mental Health Parity and Addiction Equity Act, which requires mid- and large-sized companies that offer mental health coverage to ensure those benefits match those provided for physical illness, and former President Barack Obamas 2010 Affordable Care Act , which also contained provisions for mental health-related insurance coverage disparities. And yet theres still a lack of access to health care providers, Weissman said. We need to improve training for mental health because we dont have enough providers, she said. Some 9.5% of distressed Americans did not have health insurance that would allow them access to a psychiatrist in 2014, up from 9% in 2006. About 10.5% experienced delays in getting help because of their mental health coverage in 2014, up from 9.5% in 2006. And nearly 10% could not afford their psychiatric medication in 2014, up from 8.7% in 2006. Generation X (born between 1965 and 1980) and baby boomers (born between 1946 and 1964) with serious psychological distress were most heavily impacted by the recession and not able to recuperate as well, Weissman said. But millennials also reported higher rates of depression than any other generation between 2005 and 2014, according to a separate study in the journal Pediatrics. These struggles are extending themselves into the workplace, with millennial women far more likely than their male counterparts to experience burn out and depression. Click to Play Here’s what Trump means for health care President-elect Donald Trump’s vow to “repeal and replace” the Affordable Care Act has created uncertainty in the health-care sector.
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