FILE PHOTO: Woman with her smartphone poses in front of displayed Duolingo logo in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration
(Reuters) -Duolingo Inc said on Monday it aims to be valued as much as $3.41 billion in its U.S. initial public offering, as the language-learning app maker seeks to cash in on rapidly rising interest for online education tools during the COVID-19 pandemic.
About 5.1 million shares will be offered in the IPO, priced between $85 and $95 each, which would rake in more than $485 million at the top end of that range.
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