SCHEDULE 13G/A: Major Investment Group Discloses 9.4% Stake in Udemy, Inc.

Prosus N.V., MIH Edtech Investments B.V., and Naspers Ltd. jointly report beneficial ownership of 9.4% of Udemy, Inc.'s common stock.

Summary

• The filing is an Amendment No. 1 to Schedule 13G, reporting beneficial ownership of common stock in Udemy, Inc.
• The reporting persons are Prosus N.V., MIH Edtech Investments B.V., and Naspers Ltd., collectively referred to as the 'Reporting Persons'.
• As of March 31, 2025, the Reporting Persons collectively beneficially own 13,920,840 shares of Udemy, Inc. common stock.
• This ownership represents 9.4% of the total class of Udemy, Inc. common stock outstanding.
• The percentage ownership is based on 148,731,313 shares of Common Stock outstanding as of April 24, 2025, as reported in Udemy's Quarterly Report filed on May 1, 2025.
• The shares are held of record by MIH Edtech Investments B.V. ('Edtech'), which is a subsidiary of Prosus N.V. ('Prosus').
• Naspers Ltd. ('Naspers') holds a majority of the voting power of the outstanding ordinary shares of Prosus, making the shares beneficially owned by Prosus and Naspers as well.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual ownership disclosure without performance or strategic updates.

Future Outlook

NA

Industry Context

This filing indicates a significant stake held by a major global internet and media group (Naspers/Prosus) in an online learning platform (Udemy), reflecting continued investor interest in the edtech sector.

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional stake may influence investor perception and potentially stock liquidity.

Key Dates

Keywords

Udemy, Prosus, Naspers, MIH Edtech Investments, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Investment, Edtech