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Chegg was sued by Pearson for breach of copyright in 2021, alleging that Chegg infringed on its copyright by selling answers to end-of-chapter questions included in Pearson textbooks. [72] In December 2019 – 2020, Doordash entered an agreement with Chegg to deliver books for e-bike deliverymen in urban restaurants that contribute to the ...
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%. ... free product experience to Chegg's paid ...
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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.
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Course Hero acquired Symbolab, a mathematics problem solver, in October 2020, and acquired LitCharts, a literature guide resource, in June 2021. Terms of these acquisitions were not disclosed. [7] [8] In December 2021, the company received a $380 million Series C at a $3.6 billion valuation.
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