CHGG · Categories · M&A
CHGG - Mergers and acquisitions
Chegg Inc. (CHGG) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for CHGG
- JPMorgan Chase Acquires Frank, the Leading College Financial Planning Platform for StudentsAcquisition to help millions of students and adult learners plan, save, and apply for college JPMorgan Chase & Co today announced that it has acquired Frank, the fastest growing college financial planning platform, to help millions of students and their families navigate their financial journey to college and beyond. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210921005169/en/ The firm will acquire Frank's entire business, including its Easy FAFSA®, Classfinder College Course Marketplace, Scholarships & Employment tools, and Financial Education and Careers content. "We want to build lifelong relationships with our customers,
- Chegg Reports First Quarter 2021 Financial Results and Raises Full Year GuidanceTotal Revenue Increased 51% Year-Over-Year Chegg, Inc. (NYSE:CHGG), a Smarter Way to Student®, today reported financial results for the three months ended March 31, 2021. "We are in a unique position to impact the future of the higher education ecosystem," said Dan Rosensweig, CEO & President of Chegg, Inc., "Our strong brand and momentum will allow us to continue to grow and take advantage of the ever-expanding opportunities in the learner economy." Q1 2021 Highlights: Total Net Revenues of $198.4 million, an increase of 51% year-over-year Chegg Services Revenues grew 62% year-over-year to $162.4 million, or 82% of total net revenues, compared to 76% in Q1 2020 Net Loss was $65.2
- Chegg Reports 2020 Financial Results and Raises 2021 GuidanceSANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a Smarter Way to Student®, today reported financial results for the three and twelve months ended December 31, 2020. “We are incredibly grateful that, even in the midst of the many challenges of the past year, we outperformed all expectations and were able to continue to support students, in record numbers, around the world,” said Dan Rosensweig, CEO & President of Chegg, Inc. “The transition to online and hybrid learning is inevitable and, with the accelerated trends that we are seeing, we have the confidence to raise our guidance for 2021.” Q4 2020 Highlights: Total Net Revenues of $205.7 million, an increase of