<p>Online learning platform Udemy Inc on Tuesday filed regulatory paperwork for an initial public offering (IPO) in the United States, revealing a surge in revenue last year driven by the pandemic-led accelerated shift toward remote learning.</p>.<p>The San Francisco-based company's revenue grew 55.6 per cent to $429.9 million in 2020 from a year earlier, its filing showed. Udemy incurred a net loss of $77.6 million over the same period.</p>.<p>The company, which did not share the terms for its offering, was valued at $3.3 billion during a financing round in November last year. It is expected to go public at a much higher valuation.</p>.<p>Udemy is the latest in a string of online education companies looking to list their shares in New York, after Coursera Inc and Nerdy Inc went public earlier this year.</p>.<p>Morgan Stanley and J.P. Morgan are the lead underwriters for the IPO, after which the company plans to list on the Nasdaq under the symbol "UDMY." </p>.<p><strong>Check out latest DH videos here: </strong></p>
<p>Online learning platform Udemy Inc on Tuesday filed regulatory paperwork for an initial public offering (IPO) in the United States, revealing a surge in revenue last year driven by the pandemic-led accelerated shift toward remote learning.</p>.<p>The San Francisco-based company's revenue grew 55.6 per cent to $429.9 million in 2020 from a year earlier, its filing showed. Udemy incurred a net loss of $77.6 million over the same period.</p>.<p>The company, which did not share the terms for its offering, was valued at $3.3 billion during a financing round in November last year. It is expected to go public at a much higher valuation.</p>.<p>Udemy is the latest in a string of online education companies looking to list their shares in New York, after Coursera Inc and Nerdy Inc went public earlier this year.</p>.<p>Morgan Stanley and J.P. Morgan are the lead underwriters for the IPO, after which the company plans to list on the Nasdaq under the symbol "UDMY." </p>.<p><strong>Check out latest DH videos here: </strong></p>