CHGG

Chegg, Inc. provides digital and physical educational services and products to students, including online tutoring, textbook rentals, homework help, test preparation, and scholarship search services. The company's platform offers Chegg Study (textbook solutions, expert Q&A, step-by-step explanations), Chegg Writing (plagiarism checking, grammar checking), Chegg Math Solver, and other learning tools. Chegg also offers textbook rentals and sales, internship and career matching services. Founded in 2005 and headquartered in Santa Clara, California, Chegg built its business initially on textbook rentals before transitioning to digital subscription services. The company has faced existential challenges from generative AI tools including ChatGPT, which provide free homework help and explanations, directly threatening Chegg's core subscription business. Chegg has experienced steep subscriber losses, stock price collapse, and strategic uncertainty. The company is working to integrate AI into its platform and differentiate through AI-powered learning tools, but faces intense competitive pressures. Chegg operates in a rapidly evolving educational technology landscape with uncertain viability of its traditional business model. The company continues to invest in AI capabilities while managing significant subscriber attrition.