Duolingo

Duolingo Reports 65% DAU Growth, 45% Revenue Growth and Record Profitability in Fourth Quarter 2023

Retrieved on: 
Wednesday, February 28, 2024

“2023 was an exceptional year that exceeded our own high expectations.

Key Points: 
  • “2023 was an exceptional year that exceeded our own high expectations.
  • It was capped off with a very strong Q4 that saw us achieve record bookings, revenue and profitability,” said Luis von Ahn, Co-Founder and CEO of Duolingo.
  • “We accelerated DAU growth in each quarter of 2023, and in Q4 achieved record-high user engagement and a record number of subscribers.
  • The following table summarizes our financial and operating highlights for the quarters ended December 31, 2023 and 2022.

From Deadheads on bulletin boards to Taylor Swift ‘stans’: a short history of how fandoms shaped the internet

Retrieved on: 
Thursday, February 15, 2024

In this series, our academics dive into fan cultures: how they developed, how they operate, and how they shape the world today.

Key Points: 
  • In this series, our academics dive into fan cultures: how they developed, how they operate, and how they shape the world today.
  • Here is a brief history of how fan cultures shaped – and were shaped by – the internet.

Early adopters

  • As early as the 1970s, fans were participating in digital spaces.
  • In the 1990s, science-fiction fans established online repositories, using Usenet groups for fannish discussion and fan-fiction distribution.
  • The public nature of Twitter (now X) allowed fans to come together in large groups to start trends and campaign.

The public and the private

  • Fans move between private and public spaces online, negotiating different identities.
  • On platforms like Tumblr and LiveJournal, fans often choose a pseudonym, whereas Facebook enforces a real-name policy.
  • Private spaces allow for personal conversations, while fans embrace public channels for sharing fan works and campaigning, for example, for voting or fundraising.

Fan migrations

  • Tumblr became the place for “"fuckyeah” fansites, sharing fan works and communicating via GIFs.
  • While the launch of Meta’s Threads provided a possible replacement for stan participation, some fans were hesitant to migrate across.
  • On Twitter/X, fans expressed they were weary of the new platform, because they did not want their fan activities to be connected to their “real life”.

Transformations


Fans are known for their creative productivity, transforming and remixing their favourite cultural objects in fan-art, fan-fiction, videos, zines and music remixes. Technological advancements made creative production easier to master, and the public and networked nature of platforms has allowed fan works to be circulated to a much wider audience. Audio from fan-edits often become trending TikTok sounds.

How fans shape brands

  • Some brands have started to act like fans online, learning from fans’ behaviours to form an affiliation with these engaged audiences.
  • On TikTok, brands are participating in fan-based trends, tapping into community-specific knowledge and jokes.
  • Brands are also adopting fan language and tone in their captions and comments.
  • In my ongoing PhD research, I’ve found fans are working as social media managers for brands, leveraging their expertise to connect with fan audiences.


Kate Pattison does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Duolingo to Announce Fourth Quarter and Full Year 2023 Results on Wednesday, February 28, 2024

Retrieved on: 
Wednesday, January 31, 2024

PITTSBURGH, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the fourth quarter and full year ending December 31, 2023, following the close of the U.S. market on Wednesday, February 28, 2024.

Key Points: 
  • PITTSBURGH, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the fourth quarter and full year ending December 31, 2023, following the close of the U.S. market on Wednesday, February 28, 2024.
  • The Company will host a video webcast at 5:30 p.m.
  • The live video webcast will be accessible to the public through Duolingo’s Investor Relations website at https://investors.duolingo.com .
  • A replay of the event will be available two hours after the live event and archived for one year.

Language-related misunderstanding at work: What it is, why it occurs and what organizations can do about it

Retrieved on: 
Tuesday, January 2, 2024

It plays a central role in facilitating effective communication by allowing people to express their thoughts, share essential information and establish connections with one another.

Key Points: 
  • It plays a central role in facilitating effective communication by allowing people to express their thoughts, share essential information and establish connections with one another.
  • In the workplace, linguistic diversity can be beneficial for organizations by improving customer service and increasing its geographical reach.

Language in the workplace

  • In the workplace, people communicate using both standard languages (like English or French) and hybrid languages (such as jargon or slang).
  • Both types of language can lead to misunderstanding.
  • While some people at work may intentionally use standard or hybrid language to hide information (e.g., lying) or exclude others (e.g., discrimination), our focus is on language-related misunderstanding.
  • The majority of survey participants (88 per cent) said they used corporate jargon in the workplace about six times per day on average.
  • Similarly, a Duolingo and LinkedIn survey of employees in eight countries found that 40 per cent of respondents experienced language-related misunderstanding because of workplace jargon.

Misunderstanding is widespread

  • We identified three distinct pathways through which language-related misunderstanding can influence employees’ work outcomes.
  • The first is relational, highlighting interpersonal conflicts and tensions that are associated with language-related misunderstanding.

Managing language dynamics at work

  • Develop a language management strategy: Organizations should create a strategy that recognizes the importance of both standard and hybrid language skills for organizational performance.
  • This could involve providing translation resources, such as translation software, to enhance effective communication and minimize misunderstanding.
  • Lead efforts to bridge language gaps: Leaders play a crucial role in improving communication within their teams.
  • They can promote situational awareness by encouraging employees to consider the language capabilities of their colleagues and ensuring team members use language that everyone understands.
  • Organizations can support these behaviours by offering training programs geared towards developing employees’ interpersonal and language competencies.
  • Managing language dynamics in the workplace requires a careful, thoughtful approach.


John Fiset receives funding from Social Sciences and Humanities Research Council. Devasheesh Bhave receives funding from the Singapore Ministry of Education (MOE) Academic Research Fund (AcRF).

Duolingo Reports 63% DAU Growth and 43% Revenue Growth in Third Quarter 2023; Raises Full Year Guidance

Retrieved on: 
Wednesday, November 8, 2023

PITTSBURGH, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the third quarter ended September 30, 2023 in a shareholder letter that is posted at investors.duolingo.com.

Key Points: 
  • PITTSBURGH, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the third quarter ended September 30, 2023 in a shareholder letter that is posted at investors.duolingo.com.
  • “We exceeded our own high expectations this quarter, accelerating user growth and delivering impressive bookings and revenue growth,” said Luis von Ahn, Co-Founder and CEO of Duolingo.
  • “Last month, we announced an important strategic shift toward becoming a multi-subject product, with our Math and Music courses being added to the flagship Duolingo app.
  • The following table summarizes our financial and operating highlights for the quarters ended September 30, 2023 and 2022.

Duolingo’s Mascot, Duo the Owl, Joins Chess.com to Capture Your Pawns in 12 Languages

Retrieved on: 
Wednesday, November 1, 2023

To celebrate, Duolingo’s delightful characters are joining the game as playable multilingual bots.

Key Points: 
  • To celebrate, Duolingo’s delightful characters are joining the game as playable multilingual bots.
  • Beginning today, Chess.com players will see familiar faces as their automated opponents: the Duolingo World characters.
  • But Duo won’t make it easy… and when players interact with Duo during the game, his aggressive personality might also come out to play.
  • Additionally, Duolingo learners can join a chess-themed November monthly challenge and earn a one-month Diamond Membership on Chess.com.

Duolingo Previews Its Multi-Subject Future at Duocon 2023

Retrieved on: 
Wednesday, October 11, 2023

Company leaders debut the new experiences at Duocon, the largest free global event at the intersection of language, learning, and technology.

Key Points: 
  • Company leaders debut the new experiences at Duocon, the largest free global event at the intersection of language, learning, and technology.
  • “Duocon is about celebrating our millions of dedicated learners worldwide,” says Luis von Ahn, co-founder and CEO.
  • “We are focused on building the best education possible and making it universally available.
  • English is the number one language learned on Duolingo because English proficiency often opens doors to better job or education opportunities.

Duolingo to Announce Third Quarter Results on Wednesday, November 8, 2023

Retrieved on: 
Wednesday, October 11, 2023

PITTSBURGH, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the third quarter ending September 30, 2023, following the close of the U.S. market on Wednesday, November 8, 2023.

Key Points: 
  • PITTSBURGH, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the third quarter ending September 30, 2023, following the close of the U.S. market on Wednesday, November 8, 2023.
  • The Company will host a video webcast at 5:30 p.m.
  • The live video webcast will be accessible to the public through Duolingo’s Investors Relations website at https://investors.duolingo.com .
  • A replay of the event will be available two hours after the live event and archived for one year.

Duolingo Commits $1 Million to Early Childhood Education in Pittsburgh

Retrieved on: 
Wednesday, September 20, 2023

PITTSBURGH, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Duolingo (NASDAQ:DUOL), the world’s leading mobile learning platform, today announced a $1 million per year investment as part of the “Duolingo Early Learners First” program.

Key Points: 
  • PITTSBURGH, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Duolingo (NASDAQ:DUOL), the world’s leading mobile learning platform, today announced a $1 million per year investment as part of the “Duolingo Early Learners First” program.
  • “The Early Excellence Project is excited to work alongside Duolingo, Candor & Co Consulting, and Trying Together in our quest to narrow the opportunity gap children from underserved areas face in early childhood education.
  • We believe the Early Learners First program is a fantastic step towards bringing equity into early childhood education in Pittsburgh,” says Lyasha Bishop-Gaines, Executive Director of The Early Excellence Project.
  • For more information on the Duolingo Early Learners First program, visit the Duolingo blog .

Duolingo Reports 62% DAU Growth, 44% Revenue Growth, and Stronger Profitability in Second Quarter 2023; Raises Full Year Guidance

Retrieved on: 
Tuesday, August 8, 2023

PITTSBURGH, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the second quarter ended June 30, 2023 in a shareholder letter that is posted at investors.duolingo.com.

Key Points: 
  • PITTSBURGH, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the second quarter ended June 30, 2023 in a shareholder letter that is posted at investors.duolingo.com.
  • “We delivered exceptional results this quarter, with our continued strong user growth helping to drive our excellent financial performance,” said Luis von Ahn, Co-Founder and CEO of Duolingo.
  • The following table summarizes our financial and operating highlights for the quarters ended June 30, 2023 and 2022.
  • Three Months Ended June 30,