Overall impact
C (57)

Commentary

LAIX is an average overall performer. With a 'C' rating of 56.7 for overall impact (56th percentile compared to all companies), LAIX ranks 71st out of 137 industry peers, behind Mimecast, Audioeye, Open Text and 67 others, and ahead of Eplus, Aware, Inc., SPS Commerce and 63 others. On top material causes for LAIX's industry (Software & Services), LAIX performs well in Fair Labor Practices (80.9 score) and performs poorly in Accountable Institutions (33.5 score), Technology Innovation (32.8) and Arts and Culture Access (28.7).
Impact
Cause LAIX
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Company
Employees
1,684
Sector
Information Technology
Industry
Software
Sub-industry
Application Software
SASB industry
Software & IT Services
Headquarters
China
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LAIX
LAIXY
ADR
Description
LAIX Inc., an artificial intelligence (AI) company, provides online English learning products and services in the People's Republic of China. It offers the English Liulishuo app, which includes a suite of courses, such as free courses for leisure learning, paid personalized standard courses, DongNi English, and other paid courses, as well as the DongNi English A+ app. The company also offers the LiuLi Reading mobile app, which allows users to read articles from publishers supplemented by detailed learning tips and quizzes. Additionally, there is Kids Liulishuo, a mobile app that enhances the reading, hearing, and speaking abilities of kids. LAIX Inc. provides the IELTS Liulishuo app for IELTS speaking practice tests and enterprise learning services for corporate customers. Furthermore, it is involved in AI lab operation, technology development, and the provision of loan arrangement and marketing support services. The company was formerly known as LingoChamp Inc. LAIX Inc. was incorporated in 2013 and is headquartered in Shanghai, the People's Republic of China.
Material causes
Ethos considers the following causes material for LAIX, based on its industry sub-industry Application Software. Learn more about material causes in our methodology overview.

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