Benzinga | Oct 5, 2021 04:14PM EDT

Udemy Files For US IPO

* Online learning platform Udemy Inc (NASDAQ:UDMY) filed for a U.S. initial public offering.

* Udemy aims for a Nasdaq listing under the symbol "UDMY."

* Udemy is yet to disclose the financial terms of the IPO.

* The online learning company was worth $3.3 billion during a November 2020 financing round, Reuters reports.

* The pandemic triggered remote learning provided an immense impetus to the industry, facilitating the IPOs of Coursera Inc (NYSE:COUR) and Nerdy Inc (NYSE:NRDY).

* Udemy's revenue grew 55.6% year-on-year to $429.9 million in 2020. It incurred a net loss of $(77.6) million.

* Price Action: COUR shares closed higher by 1.27% at $31.20 on Tuesday.