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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 ...
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]
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.
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%. Since the launch of ChatGPT in late 2022 the company ...
An open textbook is a textbook licensed under an open license, and made available online to be freely used by students, teachers and members of the public.Many open textbooks are distributed in either print, e-book, or audio formats that may be downloaded or purchased at little or no cost.
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 ...
There weren’t any surprises in the first set of rankings for the 12-team College Football Playoff. Oregon was the No. 1 team ahead of Ohio State, Georgia and Miami. But the Buckeyes slot in at ...
OpenStax textbooks follow a traditional peer review process aimed at ensuring they meet a high quality standard before publication. Textbooks are developed and peer-reviewed by educators in an attempt to ensure they are readable and accurate, meet the scope and sequence requirements of each course, are supported by instructor ancillaries, and are available with the latest technology-based ...
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