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Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services. [2] The company was launched in 2006, and began trading publicly on the New York Stock Exchange in November 2013.
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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.
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Acquired by Chegg Cramster.com was an educational technology website that provided online homework and textbook help for college and high school students in areas such as math , science , engineering , humanities , business , and writing. [ 1 ]
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 ...
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