Chegg Company EdTech Industry 
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.
Edsurge
FEBRUARY 27, 2023
As companies race to come out with tools they claim can detect when prose was written by a bot, some are wondering whether a previous generation of homework-help tools might soon be rendered obsolete. The homework-help business — led by giants like Chegg and Course Hero — has long been both profitable and controversial.
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Edsurge
APRIL 1, 2022
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.
Edsurge
JUNE 11, 2020
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.
Edsurge
MAY 12, 2020
But not all sectors of the market follow that rule, says Jeff Silber, a managing director at BMO Capital Markets who follows the education industry. For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. Chegg The bottom line: Chegg’s first quarter delighted investors.
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. 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
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.
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