Remove Chegg Remove Company Remove Strategy Remove Technology
article thumbnail

Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

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.

Company 159
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Post-Pandemic Outlook for Edtech

Edsurge

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.

EdTech 188
article thumbnail

Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

Edsurge

Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission. based firm has established itself as a familiar name within the education technology industry. For Reach, they include Sesame Workshop and TAL Education, a Chinese education company. “We

article thumbnail

2U Defends Trilogy Bootcamp Purchase

Edsurge

Last quarter, online program management company 2U shocked investors with worse than expected losses and, going forward, lower average program enrollment for some of its largest online graduate programs. based company’s leadership remained foggy on some aspects of its strategy to survive in an increasingly competitive industry.

Chegg 65
article thumbnail

Best Second Jobs for Teachers

Educational Technology and Mobile Learning

Chegg Tutors : Chegg is a popular platform that connects students to tutors in a wide range of subjects. Ed-Tech Consultancy: With the rise of educational technology, teachers can consult for ed-tech startups, helping them design educational products that align with school curriculums and effective teaching strategies.

Chegg 52
article thumbnail

Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

Edsurge

In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. Under his tenure, Pearson has embarked on a rocky transition to refocus Pearson as a digital-focused education company. a semester to access all of the company’s digital higher-ed materials. billion loss in 2016.

Pearson 105