Tencent invests in Udemy; leading $50 million round at $3.25 billion valuation.

The company grew significantly during the last few months.


Carl Adrian

19 Nov, 2020

Tencent invests in Udemy; leading $50 million round at $3.25 billion valuation. | BEAMSTART News

- From our Sponsors -

China's Tencent, the parent company behind popular instant messaging app, WeChat, is reportedly investing in online learning platform, Udemy.

It is also reported that Tencent was leading the round, according to people familiar with the matter.

Udemy announced on Wednesday that it has raised $50 million at a $3.25 billion valuation

The Udemy website for online learning.

According to statistics on the company's website, Udemy has enrolled 35 million students in more than 130,000 online courses. Global lock-downs due to the pandemic has also fuelled the company's growth significantly, 

According to Gregg Coccari, CEO of Udemy, he adds that the pandemic resulted in "five years of worth of growth in five months" for the company.

Investors in Udemy were also told that the company could potentially go public as early as next year

- From our Sponsors -

Latest Jobs

Sales Executive

HomeRoom

San Jose, CA, United States

Full Time

USD 60000 — USD 85000 yearly

SWE Intern

Sonnet

San Francisco, United States

Internship

Salary Undisclosed

Senior Software Engineer, Mobile (Mexico)

Osmind

San Francisco, United States

Full Time

Salary Undisclosed

Deep Learning Researcher, NLP

AssemblyAI

San Francisco, United States

Full Time

USD 105000 — USD 180008 yearly

Strategic Account Executive

Vendoo

Washington, DC, United States

Full Time

USD 65000 — USD 75000 yearly

Senior Solutions Engineer

RevenueCat

San Francisco, United States

Full Time

USD 144000 — USD 163000 yearly

Developer advocate

Replicate

Berkeley, CA, United States

Full Time

Salary Undisclosed

Operations Team Leader

Ciro

San Francisco, United States

Full Time

Salary Undisclosed

Head of Agency Development

Obie

Chicago, IL, United States

Full Time

Salary Undisclosed

Head of Marketing

Fetii

Austin, TX, United States

Full Time

Salary Undisclosed

Carl Adrian

Partnerships & Content Coordinator at BEAMSTART

Based in Singapore

Work Experience Not Specified

Education Not Specified

beamstart.com

Also Mentioned

Udemy

Udemy is the largest global marketplace for learning and teaching online.


Tencent

Tencent is a Chinese internet service portal offering value-added internet, mobile, telecom, and online advertising services.

More Related Stories

Community Discussions

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).