As you may have heard, today we're welcoming a new addition to Udemy: we've acquired CorpU, a pioneering provider of cohort-based programs for corporate learners. CorpU's model blends live and asynchronous learning to help companies develop strong leadership capabilities, and is trusted by companies including CVS Health, BJ’s Wholesale Club, and Rite Aid. We’re excited for the entire CorpU team to join Udemy!
Udemy Business will offer the CorpU solution as a new, add-on offering for our corporate customers. This expands our ability to serve corporate needs, enabling us to provide our deep on-demand training content as well as cohort-based, expert-guided business training for corporate management and leadership teams.
As we introduce CorpU to our learners and customers, we'll offer the CorpU solution as a standalone supplemental offering for current and new Udemy Business customers. Instructors participating in Udemy Business subscription offerings will earn revenue from the Udemy Business program just as they do now, with CorpU faculty and Udemy instructors remaining distinct for the time being.
We're excited to add the CorpU team to Udemy and deepen our training relationships with corporate customers around the world. If you have questions about the CorpU platform, please jump in below.