Wednesday, September 15, 2021

Berlin-based online language learning company Babbel seeks to raise as much as €316M in a Frankfurt IPO, pricing shares at €24 to €28, valuing it up to €1.27B (Ivan Levingston/Bloomberg)

Ivan Levingston / Bloomberg:
Berlin-based online language learning company Babbel seeks to raise as much as €316M in a Frankfurt IPO, pricing shares at €24 to €28, valuing it up to €1.27B  —  - Demand for learning platforms during pandemic boosts sales  — U.S. rival Duolingo's shares have soared since IPO this year



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