Urban Planet Mobile's Language Learning Programs Get United Max International Investment

Investment fund United Max International has made an investment in Urban Planet Mobile, which is experiencing significant growth. Urban Planet Mobile is a provider of English language mobile learning products.

 

Urban Planet offers 450 audio language lessons in ten languages, for people who want to learn English The company has plans to offer its products globally and to expand current offering with more programs that teach idioms and slangs.

 

The company estimated that there are 1.1 billion people worldwide actively studying the English language, and that number is expected to reach 2 billion by 2020.

 

Urban Planet Mobile’s CEO, Brian OliverSmith, said in the audio market, language learning is second only to music.

 

“We want to play a small part in assisting someone in say China with improving his English language skills,” OliverSmith said in a statement. “The result could double his income and thus immeasurably change his and his family's life for generations. This opportunity to impact lives, makes the decision to target this incomprehensibly large market that much sweeter.”