• Recent UDEMY fleamarket type $10 site-wide sale, and lowering of all prices unilaterally alienating instructors
• ULearning’s number of instructors up greater than 1000% in past three months as their platform expands globally
PETERSBURG, FLORIDA, March 7, 2016 – ULearning, the company building the largest distribution platform for online education, providing people real-world learning opportunities and connecting them with real-world earning opportunities, today announced that their instructor and course base has increased over 1000% in the past three months on the recent blanket $10 sitewide course sale and lowering of course pricing from UDEMY.
On March 2, 2016 UDEMY reported that they were lowering the prices of all their instructors courses to between $20 and $50, while continuing to offer discount coupons of up to 50% off. Even capstone courses priced at $300 or more were unilaterally forced into the new pricing model. The new pricing follows the Company’s previous actions to sitewide sale every course for $10, independent of the original price of a course established by online instructors.
ULearning in contrast is promoting teacher’s courses with their affiliate and other E-Commerce engine partners and commercializing the courses at the value that teachers have established. The Company’s commitment is to provide the highest return for teachers for their content and course, intending to provide the broadest distribution and highest share of net profits available from any online education platform. As a result of ULearning’s expansion, the Company’s number of course and instructors has increased more than 1000% in the past three month.
Brent Willis, Partner at ULearning commented, “We are committed to rewarding teachers for their hard work and expertise, not taking advantage of them unilaterally. We want to help them in their efforts to share their expertise and make a difference, whilst being fairly rewarded for the quality of their courses and knowledge. We are extremely pleased with the pace of ULearning’s growth, and are committed to dwarfing the size of the early entrants in the Online Education sector.”
ULearning is the online education company that helps people maximize their potential and earning power. Unlike other online education sites, ULearning provides people real-world learning opportunities and then connects them with real-world earning opportunities. ULearning is a global distribution platform of online education, and intends to have the broadest distribution of online courses globally to provide maximum reach for teachers to monetize their knowledge and expertise. In addition, the Company is partnering with a range of Companies and providing links to opportunities to enable students to maximize their earning potential. ULearning is dedicated to making a difference in unemployment and underemployment around the world, especially with young adults and inner-city youth. The Company’s website is www.ulearning.com.
Safe Harbor Disclosure
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of ULearning. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. ULearning competes in a rapidly growing and transforming industry, and other factors Company's may affect the Company’s operations. Unless required by applicable law, Ulearning undertakes no obligation to update or revise any forward-looking statements.
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