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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 ...
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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 ...
The crowdsourced learning platform contains practice problems, study guides, infographics, class notes, step-by-step explanations, essays, lab reports, videos, user-submitted questions paired with answers from tutors, and original materials created and uploaded by educators. Users either buy a subscription or upload original documents to ...
How to watch the world junior championships. The games will be aired on NHL Network in the United States and on TSN in Canada. Team USA world junior championships results, schedule
It has since been purchased by Chegg, a textbook-rental company, for $3.7M in equity and undisclosed cash. Notehall.com was later integrated into the Chegg Homework Help site. Notehall.com was later integrated into the Chegg Homework Help site.