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Duolingo is the most popular way to learn a language online, with over 300 million users worldwide. It is the most downloaded app in the “Education” category on iTunes and Google Play, and has been selected by Apple as “iPhone App of the Year."
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Nubank buys US-company, launches products, and… raises Series G?
Contxto – Nubank is the world’s biggest challenger bank in the world. So, perhaps we shouldn’t be surprised that the company is doing big things all over the place. However, I don’t believe in coincidences, so let’s have a look at what Nu’s been doing over the past week. A first international M&A for Nubank […]
Pandemic has made a winner out of edtech Políglota
Contxto – Sometimes you can plan something out to the tiniest of details. But life and Covid-19 have a way of changing things for the worse—or better in edtech Políglota’s case. The startup has been experiencing growth in recent weeks as users across Latin America jump onto its app to learn a new language. Prior […]
The 5 mistakes driving users to ditch your app
Contxto – So you’ve got a startup, you may even have a nifty app and a good amount of downloads, but the users aren’t, well, using your product. What gives? Well, by reviewing the research in Adjust’s Mobile App Trends Report 2020, we were shocked to find evidence that you may be really screwing up, […]
Duolingo Review. First-time user, it’s free but is it good?
Contxto – I’ve got to be honest with you. I’m pretty sure most of you know Duolingo. I understand how it works, the memes are great and make me chuckle, I’ve seen funny stories, even my dad uses it. But, I’ve never used it myself. Until now. Duolingo is a world famous app that saves […]
Duolingo raised US$10 million, but did so subtly
Contxto – Duolingo slipped a new investor to its table last month. With a contribution of US$10 million, General Atlantic is now a stakeholder for this edtech. It might seem odd that a startup that raised US$30 million late last year would suddenly need funds. More so considering it’s stated it has a steady flow […]
Duolingo is growing like crazy, is it preparing to take IPO flight?
Contxto – It’s one thing to boast about a free app with thousands, or even millions of downloads. But what about the paid version of a product? Now there’s something worth some startup swagger (and media coverage). Much to edtech Duolingo’s credit, it surpassed one million paying users, according to an announcement made earlier this […]
Brazilian mobile gaming startup Wildlife Studios is newest unicorn
Contxto – Are you listening? Hear that? It’s the clattering of hooves as the next Latin American unicorn hits the scene. This time it’s Brazilian mobile gaming developer Wildlife Studios, following a US$60 million Series A investment round led by Benchmark. With these pretty pennies, it’s estimated this startup from São Paulo is worth US$1.3 […]
Duolingo, the newest unicorn, reaches US$1.5 billion valuation
Contxto – Guess who’s swooping into unicorn status? Following its recent Series F funding round from Alphabet’s equity funding arm, CapitalG, for US$30 million, Duolingo is now valued at US$1.5 billion. Yes rly. Funds will be directed towards this Guatemalan language learning app’s research and development arm. Likewise, more staff will be hired to grow […]
A timeline of epic inventions and innovations from Latin America
Contxto – Perhaps it’s not something you hear every day, but, Latin America is home to some of the greatest inventors and innovators of all time. What’s more, the minds behind game-changing tech solutions like the liquid-fueled rocket engine and color television were born in the region. As you know, at Contxto we work hard […]
Duolingo pairs up with Twitch to promote language immersion via streaming
Contxto – Some of you might not know this, but Duolingo, although founded and based in the United States, has Guatemalan ancestry. The company co-founded by Luis Von Ahn is currently looking for new ways to motivate users to learn new languages and practice their skills. For this reason, the green owl platform recently announced […]