Company
2U, Inc.
Headquarters: Lanham, MD, United States
Founded: 2008
Employees: 3,982
CEO: Mr. Christopher J. Paucek
Market Cap
$87.8 Million
USD as of Jan. 1, 2024
Top Competitors by Market Capitalization
Industry: Education & Training Services
Sector:
| Company | Market Cap (USD) |
|---|---|
| Walmart | $428.87 B |
| Procter & Gamble | $350.35 B |
| Kweichow Moutai | $299.54 B |
| Costco | $287.69 B |
| L'Oréal | $262.20 B |
Detailed Description
2U, Inc. operates as an education technology company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. This segment targets students seeking an undergraduate or graduate degree. The Alternative Credential segment offers online open courses, executive education programs, technical cources, skills-based boot camps, and micro-credential programs through nonprofit colleges and universities. This segment targets students seeking to reskill or upskill through shorter duration and lower-priced offerings. It also provides a platform that provides front-end and back-end cloud-based SaaS technology and technology-enabled services. The company was formerly known as 2Tor Inc. and changed its name to 2U, Inc. in October 2012. 2U, Inc. was incorporated in 2008 and is headquartered in Lanham, Maryland.
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Stocks & Indices
2U, Inc. has the following listings and related stock indices.
Stock: NASDAQ: TWOU wb_incandescent
Stock: FSX: 2U1 wb_incandescent
Product & Services
Educational technology
Key People
Founder(s): John Katzman Jeremy Johnson Christopher J. Paucek
Paul A. Maeder (Chairman of the Board) Christopher J. Paucek (CEO)
Financials
Revenue: US$774.53 million (2020)
Operating income: US$16.07 million (2020)
Net income: US$-216.48 million (2020)
Total assets: US$1.544 billion (2020)
Total equity: US$940.99 million (2020)