Based in Santa Clara, Calif., Chegg Inc. was founded in 2005 as a textbook rental business, its name a combination of “chicken” and “egg.”
Chegg went public in 2013 with a $187.5 million initial public offering. Some 400 of its 700 employees are based in the United States. The company reported revenue of $255.6 million in 2013. Chegg has been on an acquisition spree as it shifts its business model away from renting physical books. In June it spent $30 million for InstaEDU, which pairs students with on-demand tutors.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
