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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 ...
Cramster launched its website publicly in 2003. [3] A few years later, Cramster introduced its Q&A Board feature, which allowed interaction between members to solve homework problems. [4] [5] Cramster secured $3 million in Series A funding in 2008 and $6 million in Series B funding in 2010, led by Shai Reshef, who was then appointed company ...
On 3 June 2014, Chegg announced that it purchased InstaEDU for $30 million in cash, and that it planned to keep the InstaEDU service active as part of the purchase. [6] In 2017, Chegg partnered with Sallie Mae to provide student borrowers access to Chegg Tutors. [7] In late 2020, Chegg announced that Chegg Tutors would be discontinued in 2021.
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 ...
Paramount Plus is currently offering new users a 30-day free trial with a limited-time discount code. Here’s everything you need to know to for claiming the extended Paramount Plus free trial.
Students who are looking to sell class notes, outlines, or study guides can upload documents to Notehall in order to make them available to their classmates. Students looking to purchase documents can buy credits from the website which can be used to view the documents. Notehall takes 50% of the sales of any notes. [citation needed]
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[1] [2] StudyBlue was acquired by Chegg in 2018 for $20.8 million [3] and discontinued at the end of 2020. [4] StudyBlue was founded by two students at the University of Wisconsin–Madison as The Class Connection in 2006. The company was renamed StudyBlue in 2009. [citation needed]
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