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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

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Chegg , a Santa Clara, Calif.-based based publicly traded student services company, plans to buy Thinkful , a Brooklyn-based online coding bootcamp. Both companies’ boards of directors have approved the deal. Both companies’ boards of directors have approved the deal. Chegg had been holding onto $1.1

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Chegg Ditches Ingram for FedEx and Eyes International Growth

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Back in 2014, more competition from Amazon had led the Santa Clara, Calif-based Chegg to a deal with book distributor Ingram Content Group. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. The Ingram deal was framed as part of Chegg’s strategy to 100 percent digital revenue.

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Now With a ‘Sizable Cash Hoard’ of $1 Billion, What Might Chegg Buy?

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Chegg , a publicly-traded provider of textbook rentals and online student services, has closed a $700 million convertible note offering that, after taking expenses into consideration, should give the company an additional $682.7 A portion of this sum will be used by the company for stock repurchases. million in cash.

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Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

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The latest quarterly earnings for publicly traded education technology companies was especially rough for 2U , which revised its loss guidance for the year and stated that it expected enrollment challenges to its core business of running online graduate programs with universities. based company tumbling to historic lows. (It

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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

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While not quite the “Year of the MOOC,” 2018 saw a resurgence in interest around the ways these massive open online courses are delivering free (and more often these days, not free) online education around the world, and how these providers are increasingly turning to traditional institutions of learning. Cheating on Chegg?

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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

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Indian online education startup Byju’s, which already reached the billion-dollar valuation from private investors in 2018, can now claim a new distinction: “decacorn.” That’s the industry lingo for companies valued at $10 billion or more. Perhaps more, the company says it is profitable, with over 3.5

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Mark Cuban, ECMC Lead $1.8M Round for Cluster to Develop Industrial Tech Talent

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million in a seed round led by Mark Cuban and ECMC Group, an education nonprofit. Other investors include education technology executives, like Penn Foster CEO Frank Britt and Chegg CEO Dan Rosensweig, along with Zynga founder Mark Pincus and Flatiron Health CEO, Nat Turner. The Culver City, Calif.-based

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