Daily BriefsTMT/Internet

Daily Brief TMT/Internet: Duolingo and more

In today’s briefing:

  • Duolingo: Now, Available In China. Plenty of Positives and Strong Operating Metrics

Duolingo: Now, Available In China. Plenty of Positives and Strong Operating Metrics

By Andrei Zakharov

  • Duolingo (DUOL US)  will announce its 2Q22 quarterly results on August 4, 2022. The leading U.S. EdTech unicorn raised FY22 guidance and reported strong operating metrics in 1Q22.
  • Duolingo app is back in Apple App Store and Android stores in China after the app was removed from some app stores 1 year ago due to Beijing’s EdTech crackdown. 
  • Durable Capital Partners acquired ~$158M worth of Duolingo (DUOL US)  shares this year. General Atlantic and Durable Capital Partners led the most recent Series H private round in November 2020. 

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