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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 ...
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 ...
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.
Dan Rosensweig is an American business executive who is chairman, president and former chief executive officer (CEO) of student services company Chegg. [2] Previously, Rosensweig served as president and CEO of Guitar Hero ; COO at Yahoo! ; president of CNET , and president and CEO of ZDNet .
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As of October 2011, Samsung Apps reached 10 million downloads. The store is available in 125 countries and it offers apps for Windows Mobile, Android and Bada platforms. The Electronic AppWrapper was the first electronic distribution service to collectively provide encryption and purchasing electronically [35]
An application (app, application program, software application) is any program that can be categorized as application software. [ 1 ] [ 2 ] Common types of applications include word processor , media player and accounting software .
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