Duolingo, Inc. (NASDAQ: DUOL)

Duolingo, Inc. (DUOL) is a technology company that has transformed the way individuals learn languages and other subjects. The company, founded by Luis von Ahn and Severin Hacker, aims to make high-quality education accessible to everyone, regardless of socioeconomic status. Duolingo operates in the education technology industry, with a focus on creating engaging and effective learning experiences through its innovative platform.

Duolingo's main business activities revolve around the development and maintenance of its flagship app, which is the world's most popular way to learn languages. The app offers courses in over 40 languages, including English, Spanish, French, German, Italian, Chinese, Japanese, and many more. Duolingo has expanded its offerings beyond language learning to include other subjects such as math and music. Duolingo ABC, an app for young children, teaches early literacy skills, while Duolingo Max, a premium subscription tier, provides additional features and exercises powered by generative AI technology.

The company's revenue is primarily generated through its freemium model, where users can access basic features for free while paying for premium features. Duolingo's primary products and services include its language learning app, Duolingo ABC, Duolingo Max, and its advertising services. Duolingo's customer base is diverse, with users from all over the world seeking to learn new languages and skills.

Duolingo's position within the industry is strong, with a well-established brand and a large user base. The company competes with other online and app-based language learning platforms, as well as offline forms of language learning. Duolingo's competitive advantages include its robust technology platform, innovative approach to education, and commitment to social responsibility. The company's data moat, with over a billion exercises completed every day on its platform, and its A/B testing framework, allow it to optimize the learning experience at a rapid pace.

Duolingo's culture is centered around its mission to make high-quality education universally available. The company attracts and retains top talent by offering a unique company culture that prioritizes social responsibility, innovation, and collaboration. Duolingo's DEIB efforts are also core to its culture, with a focus on diversity, equity, inclusion, and belonging.

Duolingo's brand names and trade names include Duolingo, Duolingo ABC, and Duolingo Max. These brands are synonymous with high-quality education and innovation in the education technology industry.