Education in Brazil: Livemocha

Livemocha: Brazil's education services company, Abril Educacao, snapped up 5.9% of Seattle-based Livemocha, and so is building a foothold in what some estimate is annually a $30 billion business in distance language learning. It's a partnership, too: Abril Educacao wants Livemocha to set up an English learning platform for Brazil's emerging middle class reports Reuters. Brazil will host the 2014 soccer World Cup and 2016 Olympics. Brazil already accounts for about a quarter of LiveMocha's customer base, Reuters says.

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