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Duolingo raises annual revenue forecast above estimates AI-powered tiers attract more paying subscribers, boosting revenue Partnership with Luckin Coffee boosts brand visibility in China Nov 5 ...

Duolingo is gaining subscribers at a rapid pace. Management is prioritizing further user growth over short-term monetization strategies. Duolingo's revenue jumped 41% year over year to $271.7 million.

As you can see, Duolingo’s results are nothing to sneeze at. There are plenty of companies today that would love to report 36% daily active user growth or an increase in revenue of 41%. Yet still, ...

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Companies don’t often see their shares plummet when they grow revenue by more than 40% and expand their profit margins, but that’s exactly what was happening to Duolingo on Thursday.