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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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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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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. Many schools, parents and students are realizing that you can’t just press a button and learn.” Chegg The bottom line: Chegg’s first quarter delighted investors. at Tuesday’s close. What’s ahead?

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Why I'm Still Bullish About the State of Edtech

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This year’s 1 3th edition will swamp San Diego’s waterfront for four days and feature 1,000 speakers, including Thomas Friedman and Margaret Atwood, plus the buzziest for-profit companies in our industry. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

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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. According to Urdan, language learning in the U.S.

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The Post-Pandemic Outlook for Edtech

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By mid-March, schools closed, sending students home to figure out how to keep learning from their kitchen tables. Soon, schools would be inundated with sales pitches from edtech companies, and it didn’t take long before they started pushing back against those that seemed predatory. The pandemic came early to Seattle.

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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. A combination of “market volatility” and “increased demand for help with remote learning led to a great opportunity to set ourselves up to raise more capital,” Grauer adds. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year.

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