Duolingo stock jumps 26% as company sees more users and better growth ahead

Duolingo shares surged around 26% after the language-learning app reported strong user growth and raised its outlook.
• Daily active users rose 29% year-on-year to 64.9 million in Q3, while paid subscribers grew 14% to 13.1 million.
Duolingo plans to gradually expand monetisation while protecting its free experience, aiming to grow its business and reach 1 billion learners.

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Older