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Chegg began trading shares publicly on the New York Stock Exchange in November 2013. [15] Its IPO was reported to have raised $187.5 million, with an initial market capitalization of about $1.1 billion. [16] In 2014, Chegg entered a partnership with book distributor Ingram Content Group to distribute all of Chegg's physical textbook rentals ...
It has since been purchased by Chegg, a textbook-rental company, for $3.7M in equity and undisclosed cash. Notehall.com was later integrated into the Chegg Homework Help site. Notehall.com was later integrated into the Chegg Homework Help site.
Chegg stock plummeted on Tuesday as the rise of free artificial intelligence tools has stunted growth at the online education company.Late Monday, the company said in its first quarter release it ...
In 2017, Chegg partnered with Sallie Mae to provide student borrowers access to Chegg Tutors. [7] In late 2020, Chegg announced that Chegg Tutors would be discontinued in 2021. The last day for lessons was announced as January 15, with the last payments to tutors to be made on January 22, and the site to cease operations on January 31. [8]
Until 2011, Quizlet shared staff and financial resources with the Collectors Weekly website. [11] In 2011, Quizlet added the ability to listen to content using text-to-speech. [12] In August 2012, it released an app for the iPhone and iPad and shortly afterward one for Android devices. [11]
Cramster.com was an educational technology website that provided online homework and textbook help for college and high school students in areas such as math, science, engineering, humanities, business, and writing. [1] Cramster used a freemium model, allowing students to pay for or earn access to premium services.
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