Edsurge
SEPTEMBER 4, 2019
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
Edsurge
JANUARY 27, 2021
Publicly traded education technology companies are rare. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. public market.
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Edsurge
MAY 12, 2020
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. at Tuesday’s close. What’s ahead? million, up 2.6
Edsurge
NOVEMBER 12, 2019
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.
Edsurge
AUGUST 21, 2019
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
Edsurge
FEBRUARY 23, 2021
Founded in 2011, the New York-based company has built a hugely popular training platform that has helped millions of students learn to code over the last decade. But the New York-based company had already served 45 million students in more than 190 countries before the pandemic hit. “We A sample project in Codecademy.
Edsurge
JULY 28, 2021
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. From the forms the company filed with the SEC last month, we learned the company conducted a study to evaluate Duolingo’s effectiveness versus traditional university language courses.
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