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Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services. [2] The company was launched in 2006, and began trading publicly on the New York Stock Exchange in November 2013.
Chegg's 2024 first quarter revenue of $174.4 million was down 7% compared to the same period a year prior and down nearly 14% from the first quarter of 2022.
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In 2009, online book rental was gaining popularity in India, with a number of websites offering free doorstep delivery for a small monthly fee. The popularity of such websites can be attributed to increasing internet usage in the country; India is expected to have the third-largest number of internet users in the world by 2013. [ 1 ]
Based on the rental method the book rental companies can be categorized into two subgroups: Book rental companies having a subscription-based models where a monthly or periodic subscription fee is charged and members can rent a number of books based on the subscription. Book rental companies taking a fraction of book cost as rent.
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In 2021, Kuaishou went public in HK Stock Exchange and the investment delivered $4.9B in profit (approximately 56 times return). [ 6 ] In 2020, Lu was a lead investor in the over $600 million acquisition of Grindr from Beijing Kunlun Tech Co. [ 7 ] [ 8 ] This transaction came about as a result of the decision by CFIUS to compel the owner of ...
Picking up books requested through interlibrary loan Inter-library loan (abbreviated ILL , sometimes called document delivery , document supply , inter-lending, inter-library services , inter-loan, or resource sharing ) is a service that enables patrons of one library to borrow materials that are held by another library.