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Duolingo records 64.9 million daily active users in Q3 through user base expansion strategy

The Motley Fool +1 · ·by G4L

  1. 1Duolingo's stock price fell 83% from its record high last year in April.
  2. 2Duolingo recorded 64.9 million daily active users (DAUs) in Q3, a 29% increase year-over-year.
  3. 3Duolingo management decided to focus on user base growth instead of monetization.

So what's the key point?

The number of people using Duolingo every day has grown to 64.9 million. The company is focusing on increasing its users rather than making money.

Source The Motley Fool +1 · View original ↗

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