Kudos Benefits Program - beardsley
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The acquisition of Kudos

The acquisition of Kudos

Kudos was acquired in 2009 in response to the financial crisis that hit in 2008. The 'Lehman Shock' as it was called in Japan significantly affected English OK's training revenue as hospitality businesses froze hiring and paused training contracts in their bids to wait things out. Since English OK! had relationships with service providers in Japan, the Kudos program provided a product that English OK! could quickly generate revenue from to make up for the lost contracts.