LONDON :Global education group Pearson said COVID-19 and a tight labour market had hit enrolments at U.S. community colleges but growth in online learning and testing meant it remained on track for its full-year targets.
Its new Pearson+ app was being used by more than two million people."That's pretty good going for 12 weeks," CEO Andy Bird told Reuters. Although shares in the group were down 2per cent, analysts at Citi said the overall picture was positive. Having been buffeted by rental markets and second-hand options for once-expensive textbooks, Pearson has embarked on a direct-to-consumer strategy offering unlimited access to content to provide more reliable subscription revenues.
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