Sunday, February 27, 2022

2U plans for international expansion as it integrates operations with edX - Natalie Schwartz, Higher Ed Dive

The company plans on making edX the face of its consumer brand, with the aim of attracting the platform's users to 2U's paid programs. Together, 2U and edX have 43 million registered learners, up 3 million since the acquisition, 2U co-founder and CEO Chip Paucek told analysts on a call Wednesday to discuss the company's 2021 earnings. About 80% of edX's registered learners live outside of the U.S., Paucek said. To meet their demand for online education, he said, 2U is contracting with universities in international markets. For instance, the company announced Wednesday it is working with the University of Sydney, in Australia, on four new online graduate degrees that will launch next year. 

https://www.highereddive.com/news/2u-plans-for-international-expansion-as-it-integrates-operations-with-edx/618684/