- Online learning platform Udemy Inc UDMY filed for a U.S. initial public offering.
- Udemy aims for a Nasdaq listing under the symbol "UDMY."
- Udemy is yet to disclose the financial terms of the IPO.
- The online learning company was worth $3.3 billion during a November 2020 financing round, Reuters reports.
- The pandemic triggered remote learning provided an immense impetus to the industry, facilitating the IPOs of Coursera Inc COUR and Nerdy Inc NRDY.
- Udemy's revenue grew 55.6% year-on-year to $429.9 million in 2020. It incurred a net loss of $(77.6) million.
- Price Action: COUR shares closed higher by 1.27% at $31.20 on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
