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Wall Street Journal #Technology

Duolingo Turned a Free Language App Into a $7.7B Business

Duolingo has been the top education app in Apple’s App Store for most of the past decade, making the company a revenue of around $500 million annually.

But most people who use the language lesson app do not pay.

So how does a free educational app manage to have a valuation of $7.7 billion?

Wall Street Journal
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