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Chegg stock plummeted on Tuesday as the rise of free artificial intelligence tools has stunted growth at the online education company.Late Monday, the company said in its first quarter release it ...
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 CEO Dan Rosensweig joins Yahoo Finance to discuss college enrollments, students opting for summer school, international student trends, and the need for financial literacy and mental health ...
Chegg (NYSE: CHGG) stock is making big gains in Tuesday's trading. The company's share price was up 12.8% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence .
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.
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Founded in 2013 and formally launched in 2014 by Cindy Mi, the VIPKid platform connects paying students with teachers in the United States and Canada. [1] [2] Its online-classroom portal enables students to receive 25-minute English language lessons from fluent English-speaking teachers.