Duolingo's revenue in 2018 was $36 million. Their estimated annual revenue for 2019 was $86 million.
Duolingo is a free education platform for languages and provides ninety-four courses in twenty three languages. The company was founded by Luis von Ahn and Severing Hacker in 2011, in Pittsburgh, Pennsylvania, United States.
The company looks to provide both a free version and a premium version of the app for $7 per month which removes ads, delivers offline access, and a few other applications. They offer another platform called Duolino for Schools, which allows teachers to track their students.
Duolingo launches Duolingo ABC, a free English literacy app for children ages 3 to 6.
Judy Ziyu Zhu