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Chegg Ditches Ingram for FedEx and Eyes International Growth

Edsurge

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.

Chegg 65
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Why I'm Still Bullish About the State of Edtech

Edsurge

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. It’s hard to remember now, but many industry colleagues felt edtech was a frothy market in 2017. NYSE: PWSC), Duolingo, Inc.

EdTech 186
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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

Edsurge

That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights. Byju’s is the newest member—thanks to an investment from technology investment firm Bond, which values the company at $10.5

EdTech 136
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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

Edsurge

The industry has spawned celebrity millionaires in South Korea. One market analyst projects the global market for private tutoring will hit $227 billion by 2022. In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Tutoring is big business.

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Look Who’s Talking—Michael Trucano from the Brookings Institution on AI in education

eSchool News

I mean, I get, you know, pitch decks from companies. 00:05:05 Speaker 1 Basic administrative duties that we all have, and no matter what sort of industry that we’re that we’re living and working in, we’re already using it, right. I’m going to use Chegg PT to do this. 00:02:57 Yeah. 00:05:28 Speaker 1 8.