I was trying to figure out why this is so and took a peek at Duolingo’s finances. Until recently, Duolingo was actually generating less revenue than both Coursera and Udemy. But Duolingo’s recent growth has been astonishing, as shown in the graph below. Duolingo surpassed Coursera in quarterly revenue in Q2 of this year and is on track to overtake Udemy this quarter.
While Coursera and Udemy report their reach in terms of total registered users, Duolingo takes a social media approach to metrics: the company reported 37.2 million daily active users (DAUs) in the latest quarter, up 54% year-over-year, and 113.1 million monthly active users (MAUs), a 36% increase from the prior year.
While Coursera and Udemy report their reach in terms of total registered users, Duolingo takes a social media approach to metrics: the company reported 37.2 million daily active users (DAUs) in the latest quarter, up 54% year-over-year, and 113.1 million monthly active users (MAUs), a 36% increase from the prior year.
#crudeoil 5900 successfully holds the important support 5500-5600 level going further important levels are 5680/5740/5880
This media is not supported in your browser
VIEW IN TELEGRAM
#naturagas 286 closing towards 2nd TGT 294 and then will review again for final TGT 390-400
ADANI Shares fell by more than 25% today.
Why? The Simplest Explanation ever.
<1> Adani won a few solar contracts in India.
<2> Now Adani needs funds to fulfill these projects.
<3> He raised $3Bn from US markets through Bonds.
Now here comes the full picture.
<4> A Group of people filed a case against Adani in the US
<5> Why? - Accusation that he bribed Indian Officials.
<6> He Bribe $250Mn (2000 Crores) to get these contracts.
But why a case in the US for bribery in India?
<7> The bribery was never disclosed to US investors while raising funds.
<8> This is equal to "Deceiving US investors"
<9> Most Critical: SEC (US ka SEBI) has also accused Adani of the same.
What's next now? The Possible Impact!
Why? The Simplest Explanation ever.
<1> Adani won a few solar contracts in India.
<2> Now Adani needs funds to fulfill these projects.
<3> He raised $3Bn from US markets through Bonds.
Now here comes the full picture.
<4> A Group of people filed a case against Adani in the US
<5> Why? - Accusation that he bribed Indian Officials.
<6> He Bribe $250Mn (2000 Crores) to get these contracts.
But why a case in the US for bribery in India?
<7> The bribery was never disclosed to US investors while raising funds.
<8> This is equal to "Deceiving US investors"
<9> Most Critical: SEC (US ka SEBI) has also accused Adani of the same.
What's next now? The Possible Impact!
- Difficulty in raising funds from the US for future projects.
- Legal Battle in the US can go extremely brutal.
- Increased Internation Scrutiny for Indian businesses from now onwards.
We all want Indian businesses to flourish and create international dominance. But at What cost?
I leave you with this thought, let's discuss it more in the comments.
- Legal Battle in the US can go extremely brutal.
- Increased Internation Scrutiny for Indian businesses from now onwards.
We all want Indian businesses to flourish and create international dominance. But at What cost?
I leave you with this thought, let's discuss it more in the comments.
Wonder why #banknifty corrected from 54k level and holds 50k level, have a broader view about the market it includes everything middle east crisis, silver/gold rally and now latest one adani news...Actions comes first in chart and then the reason...stick with chart and move ahead of the crowd..." #brainmassclub (Top 1% traders club)
Is #hdfcbank gearing up to break the sackles of 1740-1780 level ?
#icicibank 1277 important support around 1250 and resistance 1330
#bandhanbank 170 is very close to 52 wk low 162.80, downtrend continues..not too far from covid low 156, look for fundamental analysis before investing...
#banknifty 52200 all entities in green holding 52k level led by PSU banks