Online Learning Platform Coursera files for IPO
MOUNTAIN VIEW, Calif., 8th March 2021-- Online learning platform Coursera has filed for an IPO with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Coursera has applied to list its common stock on the New York Stock Exchange under the ticker symbol “COUR”.
Morgan Stanley and Goldman Sachs & Co. LLC will act as lead book-running managers for the proposed offering.
As per the IPO filing, Coursera 51 percent revenue came from outside the US. The online learning platform reported a 59 percent revenue increase in 2020 that came from over 77 million registered users.
More than 2,000 businesses (including 25 per...