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)

tech (Last Updated On: June 24, 2022)

 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

Source: Technology – Techmeme

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