Duolingo enters ‘major leagues’ with $6.5 bln valuation in strong debut
Language learning app Duolingo Inc (DUOL.O) notched a valuation of $6.5 billion after its shares surged nearly 40% in the company’s Nasdaq debut on Wednesday, becoming the latest education technology startup to impress Wall Street.
The percentage of people learning a foreign language has boosted: Dual-language apps are gaining popularity
Following the coronavirus quarantines, a surge in demand for language-learning apps erupted around the world, with the United Kingdom, quite surprisingly, leading the way. The Covid-19 pandemic seems to have inspired many more British people to attempt to become bilingual, although the country is not known for its citizens’ capacity or enthusiasm for learning a […]
