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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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Why I'm Still Bullish About the State of Edtech

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In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. So now is the perfect time to reflect on the state of edtech. Today’s K12 educators are more digitally native than ever before.

EdTech 180
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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

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For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. While COVID-19 hit at the tail end of the first quarter, some publicly traded education companies already reported an impact on their Q1 2020 earnings. Chegg The bottom line: Chegg’s first quarter delighted investors.

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The Post-Pandemic Outlook for Edtech

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The sudden shift gave leaders at DreamBox Learning, a math education company headquartered nearby, an early glimpse at the upheaval to come and an inkling that digital teaching tools would soon be in high demand around the country. That strained the company, but it also notched DreamBox record levels of renewals.

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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

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billion—which is a good moment to reflect on how mobile learning has entered classrooms and how the company has expanded from just an app. And it turns out that online language learning is the fastest-growing market segment within the edtech industry. billion, making its total valuation more than $4.7

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Course Hero Adds $70 Million to Series B Fundraise

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As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. edtech companies raised over $800 million in the first half of 2020. The company has also invited them to freely share their course materials with peers.

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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

billion cut in funding for the education department, compared to a 10% decrease in 2019. Companies like Chegg, eFollett, and BookRenter are offering new textbooks on rent for less than the price of a used book. Today, a lot of companies offer subscription-based services.

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