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Yi Wang

Cofounder, Liulishuo

Search every verified Yi Wang interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Yi Wang, co-founder and CEO of LAIX (also known as Liulishuo), discussed the company's second-quarter 2020 results in an August 2020 earnings call. He noted a quarter-over-quarter net revenue increase of 18 percent to RMB 269.4 million, attributing the growth to an upgraded product mix and higher-priced courses. Wang said the company was reducing advertising costs by refining user acquisition channels and enhancing free content, and described plans to become a one-stop shop for adult English learners in China by the end of the year, with a full product mix ranging from lower hundreds to higher thousands in price. He also mentioned the launch of a kids' product line, saying early user retention figures had been encouraging, though he did not disclose specific numbers. In earlier appearances, Wang discussed the company's founding and strategic direction. At a 2018 Silicon Dragon event, he reflected on the IPO process and the company's model of using AI to create personalized learning paths, contrasting it with traditional brick-and-mortar schools and online platforms matching human teachers with students. He cited a key challenge as choosing the right path over the easy one, recalling that in 2014, despite having 10 million users, the company declined suggestions to simply connect teachers with students, instead focusing on its proprietary speech evaluation engine and adaptive learning technology. In a 2016 talk, he described the company's approach to reducing learning time through gamification, social features, and AI speech recognition, and criticized the prevailing pricing model that charged by hours of instruction, arguing it incentivized slower learning.

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