Ambow Education Holding Ltd (NYSE American: AMBO) is a for-profit higher education company that operates NewSchool of Architecture and Design, a regionally accredited institution based in San Diego, California. Revenue comes from tuition and fees paid by students enrolled in bachelor's and master's degree programs. NewSchool offers programs in Architecture, Construction Management, Product Design, Graphic Design and Interactive Media, and Interior Architecture and Design, and is eligible to participate in federal student aid programs under Title IV of the U.S. Higher Education Act. Ambow acquired NewSchool on March 6, 2020, through its wholly owned subsidiary Ambow NSAD Inc. The company exited its prior China-based education operations in 2022 by selling all equity interest in Ambow China, making NewSchool its sole operating business. Ambow is incorporated as a Cayman Islands holding company with ADSs trading on NYSE American under the ticker AMBO since June 1, 2018.

Revenue model

Tuition and fees from students enrolled in undergraduate and graduate degree programs at NewSchool of Architecture and Design. The institution participates in Title IV federal student aid programs, making federal grants and loans available to eligible students.

Products and services

Bachelor's and master's degree programs in Architecture, Construction Management, Product Design, Graphic Design and Interactive Media, and Interior Architecture and Design, offered at NewSchool of Architecture and Design in San Diego, California.

Customers and end markets

Undergraduate and graduate students seeking degrees in architecture, design, and construction disciplines. End market is U.S. for-profit higher education, with access to Title IV federal student aid broadening the eligible student base.

Value-chain role

Direct provider of accredited higher education degree programs. Operates as a for-profit post-secondary institution accredited by the Western Association of Schools and Colleges Senior College and University Commission.

Geographic exposure

United States, specifically San Diego, California, where NewSchool of Architecture and Design is based. Prior China operations were fully divested in 2022.

Source: SEC 10-K, filed 2026-02-13

Industry: Services-Educational Services Peers: Zhangmen Education Inc. LAIX Inc. BTC Digital Ltd Puxin Ltd Mynd.ai Inc Skillful Craftsman Education Technology Ltd Wah Fu Education Group Ltd