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home / news releases / DUOL - Udemy IPO: Proceed With Caution

DUOL - Udemy IPO: Proceed With Caution

Duolingo Inc.
  • The E-Learning space has grown tremendously and this has helped Udemy's increase its revenue.
  • Udemy has not been profitable since inception and continues to spend to expand its business.
  • The low barriers to entry in the E-Learning space makes it difficult for Udemy to stand out.
  • In 2019 and 2020, Udemy spent $1.20 to acquire $1 of revenue.

For further details see:

Udemy IPO: Proceed With Caution
Stock Information
Company Name: Duolingo Inc.
Stock Symbol: DUOL
Market: NASDAQ
Website: duolingo.com
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