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Chegg began trading shares publicly on the New York Stock Exchange in November 2013. [15] Its IPO was reported to have raised $187.5 million, with an initial market capitalization of about $1.1 billion. [16] In 2014, Chegg entered a partnership with book distributor Ingram Content Group to distribute all of Chegg's physical textbook rentals ...
Chegg Tutors was founded in 2011 as InstaEDU and launched into public beta in May 2012. At that time, the company also announced that it had raised $1.1M in venture capital funding from The Social+Capital Partnership. [2] Two of the company's co-founders had previously run an in-home tutoring company called Cardinal Scholars.
Chegg stock has lost nearly 70% over the last year and has been roughly cut in half in 2024. From its peak in 2021, the stock is down over 95%. Since the launch of ChatGPT in late 2022 the company ...
With the COVID-19 pandemic sending millions of students in the U.S. and around the world home for distance learning, the online education business has been quick to respond. Web-accessible books,...
Verbling, a service of Chegg, is an online language learning platform that pairs individuals with language teachers via videotelephony. It also operates an enterprise version to aide employees in communicating with colleagues that speak other languages.
Distance learning has become the norm, as the COVID-19 pandemic has sent millions of students in the U.S. and around the world home to continue their studies at home. The online education business ...
The arrival of the personal computer, with the Altair 8800 in 1975, changed the field of software in general, with specific implications for educational software. Whereas users prior to 1975 were dependent upon university or government owned mainframe computers with timesharing, users after this shift could create and use software for computers in homes and schools, computers available for ...
Here are the five states that charge the most for basic car insurance policies, and steps you can take to lower your rates. Five most expensive states for car insurance rates.
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