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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 computer security, a drive-by download is the unintended download of software, typically malicious software. The term "drive-by download" usually refers to a download which was authorized by a user without understanding what is being downloaded, such as in the case of a Trojan horse. In other cases, the term may simply refer to a download ...
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Chegg stock was a pandemic darling stock of sorts as education moved online and the company thrived, sending the stock to an all-time high of $113 per share in early 2021.
WASHINGTON (Reuters) - U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024's pace.
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.
Subscribers can download complete papers that were submitted by previous students and submit them as their own work. Additionally, the site allows students to upload homework and get completed work solutions from the site's contracted workers: an 'Essay mill' business. Users who upload content can use the site for free while others pay a fee. [10]