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. Chegg The bottom line: Chegg’s first quarter delighted investors.

Company 118

Company Chegg EdTech Pearson 118

Edsurge

MAY 16, 2018

Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. Even so, Ramirez described the edtech environment as “extremely challenging.”

Chegg 71

Chegg Tools Pearson EdTech 71

Edsurge

JUNE 30, 2020

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 billion.

EdTech 141

EdTech Chegg Udemy Industry 141

Edsurge

FEBRUARY 26, 2018

Last May, major textbook publisher Pearson indicated it was mulling a sale of the U.S. In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. If concluded, the sale would mark yet another major asset that Pearson has shed since John Fallon took over as CEO in 2013.

Pearson 111

Pearson Chegg Company Instructional Materials 111

Edsurge

JULY 24, 2017

edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Several private-equity-backed companies have invested heavily in the “platform” approach. According to our tally, there were 58 U.S.

EdTech 105

EdTech Chegg Kaplan Coursera 105

Edsurge

DECEMBER 28, 2018

That’s why we’ve also highlighted a few here that we don’t want you to miss, from complicated community college turnarounds to where IKEA and edtech overlap. Cheating on Chegg? How the Company Aims to Catch Tutoring Requests That Go Too Far. Here’s a look at how the education company is responding.

MOOC 123

MOOC Coursera Chegg Pearson 123

Edsurge

AUGUST 23, 2016

I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. I think you’re wrong, so I propose a bet: We’ll both invest in a basket of stocks on January 1, 2012—mine representing the edtech industry, and yours the whole economy. Our Basket of Edtech Stocks: 2U.

EdTech 60

EdTech Pearson Chegg Company 60