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Mobile News - Week of April 5, 2021

Issue #136 — View online — Suggest a link

The latest news and information about startups and innovations from the mobile world.

The need for technological change in education has been exacerbated by the COVID-19 pandemic. According to the United Nations, 1.6 billion students in 190 countries, approximately 94% of all students in the world, saw their schools temporarily closed due to the pandemic.
This forced many teachers to teach online and students of all ages to learn online. The lessons learned during this period of “forced experimentation” have the potential to enable an permanent digital transformation for education. In 2020, 130 edtech startups raised over $2.2 billion in funding and this past week Coursera, one of the most iconic edtech startups in the US went IPO. 
Here is a quick summary of the Coursera S-1 filing:
  • Coursera is valued at ~ $5.9B
  • Revenue: $293M in 2020, and $184M in 2019
  • User base: 77M registered users in 2020, and 46.8M users in 2019. 65% YoY growth
  • Investors: New Enterprise Associates, KPCB, Learn Capital, G Squared, IFC Venture Capital
  • Corporate headquarters office location - “Address Not Applicable”
It will be super interesting to watch what other edtech unicorns will go public or exit in the coming months. Here is the complete list of edtech unicorns as of April 2021:
  • 🇨🇳Yuanfudao - $15.5B
  • 🇮🇳 BYJU’s - $13B
  • 🇨🇳VIPKid - $4.5B
  • 🇺🇸Udemy - $3.2B
  • 🇨🇳Zuoyebang - $3B
  • 🇮🇳Unacademy - $2B
  • 🇨🇳Zhangmen - $1.6B
  • 🇨🇳Changingedu - $1.5B
  • 🇨🇦 ApplyBoard -$1.5B
  • 🇨🇳 Luoji Siwei - $1.18B
  • 🇺🇸Course Hero - $1.1B
  • 🇨🇳 HuJiang - $1B
  • 🇨🇳 iTutorGroup - $1B
  • 🇺🇸 Age of Learning - $1B
  • 🇨🇳Huike Group - $1B
  • 🇨🇳KnowBox - $1B
  • 🇺🇸 Quizlet - $1B
  • 🇨🇳Yunxuetang - $1B
Here are the top mobile news this week >
  • LP - No more smartphone
  • Apple - Chip shortage is serious
  • Apple - vs Epic’s ‘Project Liberty’
  • Google - Lyra audio codec launch
  • Statistics - 2M Podcast
  • Study - Smartphone 100GB storage

Why smartphone pioneer LG got destroyed by the competition
MacBook and iPad production delayed as supply crunch hits Apple
Epic v. Apple discovery details ‘Project Liberty’ scheme to skirt App Store with Fortnite
Google launches Lyra codec in beta to reduce voice call bandwidth usage
Why there really aren’t 2 million podcasts
Average Smartphone NAND Flash Capacity Crossed 100GB
Techstars Startup Digest Mobile is curated by:
Edith Yeung Edith Yeung - General Partner at Race Capital
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