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Language App Duolingo Files to Go Public in New York

By Wayne Ma
· · Source: The Information

Duolingo, which makes a mobile app that helps users learn languages, has filed to go public in New York. The move comes after the company saw increased demand for learning languages during the Covid-19 pandemic. The company, which was founded in 2011 by two engineers, said its revenue was $161.7 million in 2020, up 129% when compared with a year earlier, according to its regulatory filing....

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