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

Class Central analysis shows how DeepLearning.AI is set to join the $100M club on Coursera, based on SEC disclosures of related-party transactions.

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

In January each year, Class Central publishes a list of the most popular online courses released by major course providers in the previous 12 months. The most popular course in the latest list turned out to be Google AI Essentials, launched by Coursera in April, 2024. More than 900,000 learners have enrolled, more than the combined total of all new courses launched on edX, FutureLearn, and Swayam in the same year. What’s even more surprising is that (unlike the vast majority of Coursera course