CHGG

Chegg, Inc. (NYSE:CHGG) is a direct-to-student learning platform company founded in 2005 and headquartered in Santa Clara, California. The company went public in 2013 and has evolved from a textbook rental service into a comprehensive digital education platform. Chegg provides subscription-based academic support services to students, helping them with coursework, skill development, and career preparation. The company has faced significant challenges in recent years due to the rise of generative AI tools and changes in Google's search algorithms, leading to declining subscriber numbers and revenue. As of 2025, Chegg is undergoing a strategic review process to explore potential acquisition or go-private transactions while attempting to stabilize its business through cost reduction measures and product diversification.