The $34.5M price tag for Duolingo’s NextBeat acqui-hire came to light after Class Central dug through its quarterly SEC report.

On April 9, shareholders of both Coursera and Udemy voted to approve the merger. The votes weren’t close. At Coursera, 99.4% of votes were in favor of issuing new shares to complete the acquisition. At Udemy, 99.9% voted to adopt the merger agreement. Out of more than 228 million shares that voted across both companies, fewer than 500,000 voted against. Coursera shareholders also approved doubling the company’s authorized shares from 300 million to 600 million, which is needed to issue the sto

Duolingo’s market value ($13.49B) now eclipses both Coursera and Udemy combined, driven by explosive user growth and surging quarterly revenue.

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