Blog Exposure - 2U and WeWork Announce Global Collaboration to Enhance the Future Of Learning And Work

LONDON, UK / ACCESSWIRE / January 24, 2018 / Active-Investors.com has just released a free research report on 2U, Inc. (NASDAQ: TWOU). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=TWOU as the Company's latest news hit the wire. On January 22, 2018, the Company and WeWork Cos. announced that they have entered into a multi-year, global, exclusive partnership to provide students in 2U-powered online graduate programs Global Access Memberships to WeWork spaces around the world. Both the Companies will try to make higher education more accessible and flexible. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, 2U most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=TWOU

Details of the Agreement

As per the agreement, 2U's students will be able to study from any of WeWork's global locations. 2U will offer approximately $5 million in scholarships to WeWork's 175,000 community members and 4,000 employees for next three years, to help them to access 2U's partner portfolio of graduate programs, technology platform, and GetSmarter's online short courses.

WeWork will also license Learn.co technology, a purpose-built online platform used at their Flatiron School software, to 2U. This will allow 2U to integrate the technology into its online learning platform, enhancing the learning experience of more than 13,000 students, and instruction capabilities of faculty in 2U-powered programs around the globe.

The two Companies will also unveil ‘A Future of Learning and Work' center in a WeWork location in 2019, allowing students, faculty, and staff of 2U-powered programs to host master classes and lecture series, and collaborate and connect more in-person.

WeWork's Partnerships and Initiatives to Grow Online Offerings for Members

In October 2017, WeWork acquired New York City-based Flatiron School, a coding education program founded in 2012 that offered accelerated mobile and web development courses at its Manhattan location and online. This agreement allowed WeWork's employees and members to have access to Flatiron School's courses both in-person and online.

In November 2017, WeWork launched a private elementary school for "conscious entrepreneurship" inside its Chelsea, New York City headquarters. A pilot program with seven students, including one of the five young children of WeWork Co-Founders Adam and Rebekah Neumann, is under way. Under the program, the students will spend one day at the Neumanns's 60-acre farm for "hands-on learning" and the rest in a classroom getting lessons in business from WeWork's employees and clients.

About 2U, Inc.

Founded in 2008 and headquartered in Lanham, Maryland, 2U is a leading provider of cloud-based software-as-a-service solutions that enable leading non-profit colleges and universities to deliver their high-quality education to qualified students anywhere.

About WeWork Cos.

Established in 2010, WeWork provides space, community, and services through both physical and virtual offerings to start-up companies. The Company offers shared office space for a monthly fee that includes high speed internet, phone service, mail handling, and other amenities. Headquartered in New York City, New York, WeWork serves customers worldwide.

About GetSmarter

GetSmarter is an online education Company which collaborates with the world's legendary Universities to offer premium online short courses to working professionals around the world. The Company was founded in 2008 and is based in Cape Town, South Africa. In July 2017, 2U completed its previously announced acquisition of GetSmarter.

Stock Performance Snapshot

January 23, 2018 - At Tuesday's closing bell, 2U's stock slightly dropped 0.26%, ending the trading session at $73.76.

Volume traded for the day: 338.25 thousand shares.

Stock performance in the last month – up 14.61%; previous three-month period – up 19.26%; past twelve-month period – up 119.26%; and year-to-date - up 14.34%

After yesterday's close, 2U's market cap was at $3.72 billion.

The stock is part of the Technology sector, categorized under the Application Software industry. This sector was up 0.6% at the end of the session.

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