The group, which offers lessons in around 40 languages ranging from Spanish to Esperanto, also flagged a jump in paid subscribers in the quarter to 1.8mln from 1.1mln the year before. In its IPO filing, Duolingo reported 39.9mln monthly active users (MAUs) in the three months to March 31, 2021, up from 33.5mln a year ago, as well as daily active users of 9.5mln compared to 6.8mln in 2020. A Duolingo 12-month plan (a subscription to Duolingo) costs 6.69 per month and 83.88 per year. A lifetime subscription to Duolingo Plus is currently not available. Considering what you get, the monthly price is a. The Plus Price for the Basic Learning Plan is 6.61 per month, and the Basic Learning Plan is free. A Family Plan costs 99 per year, which supports accounts for up to four people. ![]() The firm is planning to offer around 5.1mln shares in the IPO, through which it could raise as much as US$510mln and potentially achieve a market cap of US$4.6bn.ĭuolingo, which confirmed its IPO intentions in June, is planning to list on the Nasdaq under the ticker ‘DUOL’ and use the proceeds of the fundraising for working capital as well as to “acquire or make investments in businesses, products, offerings, and technologies”. Lingopie charges 12 per month or 65 per year for an account. ![]() In an SEC filing on Monday, the company said it will be pricing its IPO shares at between US$95-US$100 each, up from US$85-US$95 previously. Duolingo Inc has hiked the price range for its upcoming initial public offering (IPO) that could see the language-learning app achieve a market value of at least US$3.4bn.
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