Yu Minhong, the founder of education giant New Oriental, said on Tuesday that the company is working on an education livestream platform, according to a post on Yu’s WeChat subscription account. Yu said the company plans to call the new platform “New Oriental livestream room,” and hopes that within a year the platform can become a place for people to learn knowledge that brings joy. New Oriental was hit heavily by China’s sudden crackdown on private tutoring firms last summer and recently bounced back with newfound success in livestream e-commerce. [Yu Minhong, in Chinese]