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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 is a student hub that offers a variety of digital services for students in addition to the ability to buy, rent or sell books. Save money on textbooks, save time on studying with Chegg Skip ...
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]
Jefferies Equity Analyst Brent Thill breaks down the slowdown textbook distributor Chegg is experiencing as sentiment towards the education sector worsens.
In November 2012, the technology publications Mashable and Techdirt criticized the license agreement with which Barnes & Noble sells ebooks to consumers, pointing out that the rights to re-download a purchased ebook expire when the customer's credit card expires, and a valid credit card must be added to the account to restore this functionality.
In May 2013, Coursera announced free e-books for some courses in partnership with Chegg, an online textbook-rental company. Students would use Chegg's e-reader, which limits copying and printing and could use the book only while enrolled in the class. [75]
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