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Chegg announced that it would launch a GPT-4 powered AI platform called Cheggmate later in May 2023. [23] By June, CheggMate was in testing mode, but wasn't expected to publicly launch until 2024. [24] As of 2025, it has not been released. By November 2024, Chegg's stock price had fallen 99%, primarily because of competition from ChatGPT. [25]
StudyBlue was an online studying platform for high school and college students. The website allowed users to upload class study materials, create electronic flashcards to study and share with others, and practice quizzes.
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. The last day for lessons was announced as January 15, with the last payments to tutors to be made on January 22, and the site to cease operations on January 31. [8]
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.
Course Hero is an American education technology website company based in Redwood City, California which operates an online learning platform for students to access course-specific study resources and online tutors. Subscription or content contribution is required for students to use the platform. [2]
Chegg expanded from textbook rental into a portfolio of student services under his leadership, [2] [8] transforming Chegg's digital assets to meet student needs. In June 2024, Rosensweig stepped down as CEO of Chegg, and was succeeded by Nathan Schultz. [11] Rosensweig is a proponent of mentoring, [12] and of workplace equality. [13]
Brainly provides a platform where students, parents, and teachers help others with homework questions. The website is intended to strengthen student's skills across subjects such as English, mathematics, science, and social studies. The platform is utilises a peer-to-peer system where students can ask questions, and answer them for other students.
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 Homework Help site. Notehall.com was later integrated into the Chegg Homework Help site.