Coursera, edX, Udacity Grew Their Businesses by Over 20% in 2018

Top MOOC platforms significantly increased their revenues in 2018, after adding new paid models and experiencing an increase in users.

According to Forbes, Coursera’s revenue for 2018 is $140, up from $100 million in 2017.  Udacity’s revenue will grow by 25 % to $90 million, and edX will be at around $60 million — a smaller increase.

In terms of users, Coursera leads with 37 million, followed by edX (18 million), XuetangX (14 million), Udacity (10 million) and FutureLearn (8.7 million).

Class-Central estimated that 900 universities launched 2000 new courses to the list this year. [See the graphic above] The total number of online degrees is 47, up from around 15 in 2017.

One of the most successful cases has been Coursera for Business, which grew 300% and increased its portfolio to over 1,500 customers globally.

 

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