Edsurge
AUGUST 21, 2019
Chegg The numbers: For the second quarter, ended June 30, Chegg reported an adjusted EBITDA of $31.1 Later this year, Chegg will start testing a bundled product that includes its Study, Math Solver and EasyBib Plus products for a substantial subscription discount, fully deploying the bundle in 2020. on the close of Aug.
Edsurge
JULY 28, 2021
It’s got an effective mobile app that really changes the context in how people access language, a critical mass in consumer interest in learning applications and since the pandemic hit, it put edtech into the minds of investors as a real investable category,” says Trace Urdan, an edtech analyst and managing director at Tyton Partners.
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Edsurge
JANUARY 27, 2021
That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) In 2020, 248 SPACs raised more than $83 billion —more than four times the companies, and six times the funding, over the previous year. He was an early investor in Chegg, which went public in 2013 and whose stock more than doubled in 2020. public market.
Edsurge
AUGUST 31, 2020
edtech companies raised over $800 million in the first half of 2020. Many of its services are similar to those offered by Chegg, a publicly traded education company that has also seen a meteoric growth in usage and revenue since the pandemic hit. Its revenue surpassed $100 million last year, and is on track to exceed that in 2020.
Kitaboo on EdTech
APRIL 25, 2019
The budget proposal for the 2020 fiscal year requested an approximate $7.1 This has led to higher education textbook publishers facing the brunt as that’s the only area where students and institutes can reduce their spends, by opting for digital textbooks instead.
Hack Education
DECEMBER 30, 2019
In 2011, the Mozilla Foundation unveiled its “Open Badges Project,” “an effort to make it easy to issue and share digital learning badges across the web.” Kno was headed by Osman Rashid, the co-founder of the textbook rental company Chegg, and the tablet was aimed at the college market.
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