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Chinese Edtech Pivots: Well-rounded Education, Hardware, Agriculture E-commerce, Fast-Food, Garments, and More
Some companies are exploring entirely new markets: from hardware sales to TikTok e-commerce.
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Udemy’s Last CEO Quietly Moves On: Joins a Tax & Compliance Company as CEO
When Class Central covered the Coursera-Udemy merger completion, Hugo Sarrazin’s role was unclear. Not anymore. He’s joining Avalara, a tax and compliance company, as CEO.
Here’s the thing. Neither an SEC filing nor a public post announced the departure of the 14-month CEO, which led Udemy to its first profitable year and the $2.5 billion all-stock merger.
The Quiet Exit
The Coursera-Udemy merger was completed on May 11, 2026. Coursera even released a completion 8-K once it was done.
Sarrazin,
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Why Coursera Stock Dropped by 20%
Degree enrollments slowdown in the US, headwinds for Consumer and Business in Europe.
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Coursera’s 2025 Strategy: Focusing on Campus, Scaling Back Degrees
As revealed in a recent earnings call, Coursera’s strategy is to integrate into existing university curricula, prioritizing ‘Coursera for Campus’ over its own online degree programs.
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