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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 ...
Notehall is an online marketplace, in which college students can buy and sell class notes. [1] Notehall gained recognition after appearing on the ABC reality show Shark Tank in October 2009. 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 ...
Online book-rental services save time by delivering books to a member's home or office. In addition to convenience, the service also offers an ease-of-use benefit; membership on most websites involves a simple registration form and payment through bank transfer or cash on delivery. This is important in a market that does not yet trust internet ...
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Chegg (CHGG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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The recent growth sector meltdown at the hands of a bond market selloff and spiking U.S. Treasury yields has created some golden buying opportunities in the stock market, mostly because this ...
Kno, Inc. was a software company that worked with publishers to offer digital textbooks and other educational materials. [1] In November 2013, after raising nearly $100 million in venture capital, the company was acquired by Intel. The website was stopped and the service renamed to Intel Education Study later on. [2]
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