Educational platform Uchi.Ru has bought a service for distance learning YaKlass. The terms of the deal has not been disclosed.
After the deal is completed, 76.6% of the service goes to Uchi.Ru, another 27.4% will be owned by Uchi.Doma (controlled by Uchi.Ru). The company clarified that they will use the methodological base and audience of Yaklass to promote the platform's services among adolescents.
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Yaklass's revenue last year reached $3.6 million (267 million rubles), while net profit was $1.3 million (98.1 million rubles). Uchi.ru’s revenue for 2020 amounted to $23.1 million (1.7 billion rubles), while the company's net profit reached $2.8 million (216.5 million rubles). The platform is used by 8 million Russian schoolchildren.
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