duolingo is the world’s largest language learning platform. It was founded in 2012 by Luis von Ahn and Jyri Engeström, both veterans of Carnegie Mellon University’s Artificial Intelligence Laboratory. duolingo has been used by over 80 million people worldwide, and has more than 3 billion reviews of their language learning methods. The company closed its token sale on December 5th 2018 raising $120 million dollars in a week.
– Luis von Ahn and Jyri Engeström founded duolingo in 2012.
– It is the world’s largest language learning platform.
– The company closed its token sale on December 5th 2018 raising $120 million dollars in a week.
– 80 million people have used duolingo worldwide, and it has more than 3 billion reviews of their language learning methods.
Duolingo ipo is a online language learning platform that helps people learn languages for free and enjoy the process. Duolingo ipo seems to be highly valued by investors, which has lead its stocks price to reach $140 per share on the day of its debut at september 21th 2016 in duathlon market capitalization jumped over 5 billion dollars, making it one of top public tech companies with highest valuation in history .
duolingo’s ipo is very important to duolingo because it proves that duolingo can become a big success. duolingo has been testing the market since was founded in 2012 and now they are able to raise money from investors. With this capital, duolingo can begin using their profits for things such as expanding services or covering research and development expenses into new technologies.
initial public offering
duolingo is an online language learning app which has been offering free language courses through its website and mobile applications. Its initial public offering (ipo) values the company at $1 billion, this is the largest of any education technology companies that have gone public in a year. According to duolingo’s financial documents for 2018, it had earned about $44 million over three months ending June 30th 2019 with total revenue of nearly $69 million in that period; CEO Luis von.
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