Millions of people all around the world learn with Chegg.
−Removed: Our mission is to improve learning and learning outcomes by putting students first.
−Removed: We support life-long learners all over the world, starting with their academic journey and extending through their careers.
−Removed: The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills developments.
+Added: No matter the goal, level, or style, Chegg helps learners learn with confidence.
+Added: We provide 24/7 on-demand support, and our personalized learning assistant leverages the power of artificial intelligence (“AI”), more than a hundred million pieces of proprietary content, as well as a decade of learning insights.
+Added: Our platform also helps learners build essential life and job skills to accelerate their path from learning to earning, and we work with companies to offer learning programs for their employees.
+Added: We are combining the power of generative AI and human capabilities to provide a personalized learning assistant to be included in our Chegg Study offering.
+Added: Our new experience is trained on our proprietary content and unique data sets, allowing us to offer a high quality, high value personalized learning journey that can anticipate students' needs, adapt to their strengths and weaknesses, provide personal learning plans, and suggest interactive tools to optimize and reinforce the learning process.
+Added: Students can currently engage with a simple conversational user interface, personalized learning, and more in-depth content.
+Added: As the new experience evolves, we plan to have the ability to transform our content automatically into innovative study tools, such as practice tests, assessments, study guides and flash cards, as well as connect our learning community, enabling real-time sharing among community members.
+Added: We aim to build personalized coaching and analytics so students can assess and compare their progress with others, while also extending beyond academic support to help navigate real-time challenges and learn core job skills.
Our service and product offerings fall into two categories:
−Removed: Subscription Services, which encompasses our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through our websites and on mobile devices, and Skills and Other, which encompasses our Skills, advertising services, print textbooks and eTextbooks offerings.
−Removed: In 2022, 8.2 million students subscribed to our Subscription Services, an increase of 5% year over year from 7.8 million in 2021.
+Added: Subscription Services, which encompasses our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through our websites and on mobile devices, and Skills and Other, which encompasses our Chegg Skills, advertising services, print textbooks and eTextbooks offerings.
+Added: In 2023, 7.7 million students subscribed to our Subscription Services, a decrease of 6% year over year from 8.1 million in 2022.
Subscription Services
+Added: Chegg Study subscribers have access to personalized, step-by-step learning support powered by AI, computational engines, and subject matter experts.
+Added: Subscribers engage with our conversational experience that delivers the right support, at the right time.
+Added: Chegg Study also includes a collection of free perks where available, including services students care about in and out of the classroom, such as Tinder Gold and DashPass Student.
Chegg Study Pack.
−Removed: Our Chegg Study Pack is a premium subscription bundle including our Chegg Study, Chegg Writing, and Chegg Math services, which are described further below.
−Removed: Chegg Study Pack creates an integrated platform of connected academic support services which have millions of pieces of educational learning content and enhanced features, such as concept video walkthroughs, flashcards and practice tests, that are ever-changing and evolving to increase our value proposition to students.
−Removed: We launched instructor-created materials from educators within our Uversity platform as part of the Chegg Study Pack in 2022.
−Removed: Our Chegg Study subscription service helps students master challenging concepts on their own through the use of “Expert Questions and Answers” and “Textbook Solutions.” Our Expert Questions and Answers service allows students to ask questions on our website and receive detailed explanations from subject matter experts.
−Removed: For high demand print textbooks and eTextbooks, we offer Textbook Solutions, which are step-by-step explanations to help students learn how to solve the questions at the end of each chapter in their textbooks.
+Added: Chegg Study Pack is a premium subscription bundle that includes all of the benefits of Chegg Study, as well as Chegg Writing and Chegg Math (both described further below).
Chegg Writing.
−Removed: Our Chegg Writing subscription service consists of a premium paid subscription service providing students with a suite of tools, including plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation.
−Removed: Students can create citations from over 7,000 citation styles including MLA, APA, and The Chicago Manual of Style.
−Removed: Students can also upload papers to have them scanned for plagiarism by checking against billions of sources and to have them checked for over 200 types of writing and grammar errors.
−Removed: Students can also have a writing professional proofread their papers and receive personalized feedback.
+Added: Our Chegg Writing subscription service consists of a suite of essential tools including plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation.
+Added: Subscribers can also have a writing professional proofread papers for personalized feedback.
Chegg Writing also includes the popular website properties EasyBib, Citation Machine, BibMe, and CiteThisForMe.
−Removed: Our Chegg Math subscription service, including Mathway, helps students understand math by providing a step-by-step math problem solver and calculator that help students instantly receive guided instructional explanations to better understand the why and how for each step within a range of math topics.
−Removed: Our Busuu language learning platform offers a comprehensive solution through a combination of self-paced lessons, live classes with expert tutors and the ability to learn and practice with members of the Busuu language learning community.
−Removed: The Busuu methodology has been developed by leading experts in online language learning pedagogy and can bring students from novice to advanced speakers of a language rapidly and enjoyably.
−Removed: When students want to learn a new language for work, study or personal interest, they can use our service to access comprehensive courses in 14 languages, connect with Busuu’s community of native speakers to practice their conversation and receive expert instruction from our highly qualified teachers.
+Added: Our Chegg Math offerings, including Mathway, provide students with a computational engine to help them understand and solve math problems.
+Added: They can work through difficult math problems with the help of a step-by-step math problem solver and calculator for instant guided instructional explanations that break things down in a range of math topics.
+Added: Subscribers to Busuu have access to a premium learning language platform that offers comprehensive support through self-paced lessons, live classes with expert tutors and a huge community of members to practice alongside.
+Added: A team of leading experts have developed an online learning pedagogy to bring students from novice to advanced speakers in a fast-paced, enjoyable environment.
+Added: The Busuu offering currently offers comprehensive courses, taught by highly qualified teachers in 14 languages.
Skills and Other
−Removed: Our skills-based learning service offers professional courses along with networking, interviewing, and career services and is offered directly through our website, through partners that connect employers with top learning providers to provide employees with upskilling opportunities, and directly to large employers committed to investing in their workforce skills training needs.
+Added: Chegg Skills.
+Added: Chegg Skills seeks to ensure that companies have the right talent, with the right skills, at the right time by aligning employer needs with learner outcomes.
+Added: We offer programs designed to train learners on the latest technical skills, such as AI, coding, data analytics, and cybersecurity.
+Added: Our programs are available directly through our website, through partners that connect employers with top learning providers, and directly to large employers.
+Added: We expect to expand our skills-based learning service with durable skills programs, which cover competencies, such as emotional intelligence, mindset, emerging leadership and decision making, increasing the likelihood of success in the modern workplace.
Advertising Services.
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Technology and Platform Integration
−Removed: Our technology is designed to create a learning platform that will continue to enable our growth at scale.
−Removed: We employ technological innovations whenever possible to increase efficiency and scale in our business.
−Removed: For example, we utilize various artificial intelligence (AI) technologies such as large language models, generative AI, and a symbolic math solver engine in our products and services.
−Removed: Our products and services rely upon and leverage the information underlying our “Student Graph” and “Content Graph Technology” discussed in more detail below.
−Removed: We will continue to invest in building technologies around our data, search and solutions.
+Added: Technology is at the core of our learning platform.
+Added: We leverage the latest in distributed systems, machine learning, data analytics, and generative AI to increase efficiency and scale in our business.
The key elements of our technology platform are:
−Removed: Personalization and Merchandising Technology
−Removed: We create a personalized experience for each student throughout our learning platform, building awareness of our multiple services and connecting them with opportunities through third-party partners and brands.
−Removed: This personalization and customization results from our Student Graph and our search technology.
−Removed: Student Graph .
−Removed: Our Student Graph is the accumulation of the collective activity of students on our learning platform.
−Removed: Students generate valuable information each time they engage with our learning platform.
−Removed: Our Student Graph also includes information we access from public and private sources such as information about colleges and scholarship data.
−Removed: We collect, organize and process this information to algorithmically create a personalized experience for each student on our network.
−Removed: Search is an easy on-ramp for students to discover all of our products and services.
−Removed: Students often find us within a search engine results page as they seek explanations for academic problems or concepts.
−Removed: Once they discover that we have step-by-step solutions, we can also build awareness of our other services, such as our Math, Writing and Textbook offerings, or our bundle, Chegg Study Pack.
−Removed: Infrastructure and Applications
−Removed: Our technology resides at major cloud-hosting providers globally.
+Added: Our technology, which includes computational engines, machine learning, decision tools, proprietary generative AI capabilities, allow us to build an industry-leading personalized learning assistant without compromising quality and safety.
+Added: We are building large language models specific to academic subjects and use cases that cater to learner needs.
+Added: Our AI capabilities allow us to leverage our data and expertise to optimize the learning experience effectively and efficiently.
+Added: Proprietary Data
+Added: We have over a hundred million pieces of proprietary learning content powering our personalized learning assistant.
+Added: We are leveraging this data for our large language models and have built proprietary algorithms to optimize the quality and accuracy of our content.
+Added: Our unique dataset enables personalized learning and powers new capabilities to enhance the learning experience.
+Added: Personalization
+Added: As learners engage with our platform, the conversational experience generates valuable data that we can, in turn, use to further personalize the learning experience.
+Added: We combine this data with other public information about learners and their schools to tailor our offerings and predict student needs.
+Added: Search is a very efficient platform for Chegg, as learners increasingly turn online for academic support.
+Added: Our business model benefits from more students asking more questions, as we index those questions in to search and other platforms, to drive even more customers.
+Added: Shared Infrastructure
+Added: We leverage shared infrastructure to allow us to efficiently build products across our learning platform.
+Added: This infrastructure resides at major cloud-hosting providers globally.
Our architecture consists primarily of front-end applications, backend services, operational databases, and reporting subsystems.
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Our learning platform includes encryption, antivirus, firewall, intrusion prevention, and patch-management technologies to help protect our systems distributed across cloud-hosting providers and our offices.
−Removed: Our existing products and services undergo periodic security assessment.
−Removed: New features are developed according to our secure software development lifecycle process.
+Added: Our existing products and services undergo periodic security assessments.
+Added: New features are developed according to our secure software development lifecycle
We also monitor for anomalies relating to authentication, data transfers, system, and user behavior as well as cloud configuration changes.
−Removed: Internal Management Systems .
−Removed: We rely on third-party technology solutions and products as well as internally developed and proprietary systems, in which we have made substantial investment, to provide rapid, high-quality customer service, internal communication, software development, deployment, and maintenance.
−Removed: Mobile Solutions
−Removed: We have mobile applications on Apple iOS and Google Android.
−Removed: Our mobile apps are built as hybrid applications leveraging the Chegg application programming interface (API).
−Removed: Taking advantage of capabilities unique to the mobile platform, we offer some functionality on mobile that is not available on our website.
Programmatic Advertising
−Removed: Our programmatic advertising technology includes a combination of a deep understanding of programmatic technology trends with data science, engineering and machine learning.
−Removed: The result is an online advertising platform that maximizes the value of the digital impressions we serve.
−Removed: Data Sourcing and Content Graph Technology
−Removed: Not all information relevant to students on our platform is made available by service, product, list or user-input.
−Removed: Therefore, we have developed proprietary technologies to collect disparate, distributed sets of data.
+Added: Our programmatic advertising technology includes a combination of a deep understanding of programmatic purchasing trends with data analytics, engineering, and machine learning.
+Added: The result is an online advertising platform that continuously maximizes the value of the digital impressions we serve.
In 2023, 2022 and 2021, 7.7 million, 8.1 million, and 7.8 million customers subscribed to our Subscription Services, respectively.
−Removed: Subscription Services customers include Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu customers who have paid to access the service during the time period.
Sales and Marketing
Our direct-to-consumer marketing strategy focuses on brand and performance marketing.
−Removed: Brand marketing increases awareness of the Chegg brand and its services while performance marketing drives traffic to our site.
−Removed: We use several major direct marketing channels to reach students.
−Removed: The strength of our content flywheel drives significant organic traffic to Chegg.
+Added: We use brand marketing and performance marketing to increase awareness of the Chegg brand and its services and drive traffic to our site.
+Added: We use several major direct marketing channels to reach students, including social media.
+Added: The strength of our content flywheel drives significant organic traffic to Chegg, and we have a full funnel approach to building brand awareness and consideration.
Our lifecycle marketing focuses on increasing activation, engagement and retention.
−Removed: We utilize three types of email marketing campaigns:
+Added: We utilize three types of customer relationship management campaigns:
onboarding programs to drive activation and retention, personalized cross-sell campaigns to deepen engagement, and promotional campaigns to drive sales and interests.
−Removed: We secure contracts with brands through direct sales by our field sales organization, which sells brand advertising services to large brand advertisers seeking to reach and engage college and high school students.
−Removed: This team has field sales people and marketing support.
Student Advocacy
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We endeavor to respond to students’ concerns within five minutes.
−Removed: While we do not have any competitors that compete with us across our business in its entirety, we face significant global competition in each of our product and service offerings.
−Removed: For Chegg Study, our competitors primarily include platforms that provide study materials and online instructional systems, such as Course Hero, Quizlet, Khan Academy, Bartleby, and Brainly.
+Added: While we do not have any competitors that compete with us across our business in its entirety, we face significant competition from education and learning companies, many of which are developing their own AI products and technologies, as well as other companies that are not specifically focused on education and learning services but whose broad AI offerings may nonetheless significantly impact education and learning.
+Added: Our services face competition from other education and learning companies based on the particular offering.
+Added: These competitors are using AI technology to build on their historical offerings.
+Added: For Chegg Study, our competitors primarily include platforms that provide study materials and online instructional systems, such as Course Hero, Quizlet, Khan Academy, and Brainly.
For Chegg Writing, we primarily face competition from other citation generating and grammar and plagiarism services, such as Grammarly.
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For Skills, we face competition from other online learning platforms and online “skills accelerator” courses both in the direct-to-consumer category, including General Assembly, Galvanize, Inc., Flatiron School, Codecademy, DataCamp, and Lambda, Inc., as well as white-label and co-branded providers who compete for adult learners through third party institutions, including 2U, Inc., Simplilearn, and Kenzie Academy.
+Added: Our competitors that are not specifically focused on education and learning services but whose AI offerings may impact education and learning include companies such as Google, OpenAI, Microsoft, Meta, and Anthropic.
+Added: Certain educational institutions, such as the University of Michigan, are also developing AI tools which may compete with our offerings.
We believe that we have competitive strengths that position us favorably in each aspect of our business.
−Removed: However, the education industry is evolving rapidly, including the utilization of artificial intelligence and machine learning, and is increasingly competitive.
+Added: However, the education industry is evolving rapidly, including the utilization of AI and machine learning, and is increasingly competitive.
A variety of business models are being pursued or may be considered for the provision of digital learning tools, some of which may be more profitable or successful than our business model.
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We use proprietary technology to operate our business, and our success depends, in part, on our ability to protect our technology and intellectual property.
−Removed: We rely on a combination of patent, copyright, trademark and trade secret laws, as well as
−Removed: contractual restrictions, to establish and protect our intellectual property.
+Added: We rely on a combination of patent, copyright, trademark and trade secret laws, as well as contractual restrictions, to establish and protect our intellectual property.
We maintain a policy requiring our employees, contractors, consultants and other third parties to enter into confidentiality and proprietary rights agreements to control access to our proprietary information.
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Further, the laws of certain countries do not protect proprietary rights to the same extent as the laws of the United States and, therefore, in certain jurisdictions, we may be unable to protect our proprietary technology.
−Removed: As of December 31, 2022, we had 42 issued patents that will expire between 2031 and 2040 and 16 patent applications pending in the United States.
−Removed: As of December 31, 2022, we also owned six U.S.
−Removed: copyrights registrations and had unregistered copyrights in our software documentation, marketing materials, and website content that we develop, owned over 900 registered domain names, and owned 22 U.S.
−Removed: trademark registrations and 63 foreign registrations.
We own the registered U.S.
−Removed: trademarks Chegg, Chegg.com, Chegg Study, EasyBib, the Chegg “C” logo, Busuu and Thinkful, among others, as well as a variety of service marks.
+Added: trademarks Chegg, Chegg.com, Chegg Study, EasyBib, the Chegg “C” logo, and Busuu, among others, as well as a variety of service marks.
We also have a number of pending trademark applications in the United States and unregistered marks that we use to promote our brand.
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The manner in which existing laws and regulations will be applied to the Internet and students in general and how they will relate to our business in particular, are often unclear.
−Removed: For example, we often cannot be certain how existing laws will apply in the e-commerce and online context, including with respect to such topics as privacy, cybersecurity, defamation, pricing, credit card fraud, advertising, taxation, sweepstakes, promotions, content regulation, financial aid, scholarships, student matriculation and recruitment, quality of products and services, and intellectual property ownership and infringement.
−Removed: In addition, we may be subject to state oversight for Thinkful's skills-based learning programs, including regulatory approvals and licensure for the course content, the faculty members teaching the content, and the recruiting, admissions, and marketing activities associated with the business.
+Added: For example, we often cannot be certain how existing laws will apply in the e-commerce and online context, including with respect to such topics as privacy, cybersecurity, artificial intelligence, defamation, pricing, credit card fraud, advertising, taxation, sweepstakes, promotions, content regulation, financial aid, scholarships, student matriculation and recruitment, quality of products and services, and intellectual property ownership and infringement.
+Added: In addition, we may be subject to state oversight for Chegg Skill's skills-based learning programs, including regulatory approvals and licensure for the course content, the faculty members teaching the content, and the recruiting, admissions, and marketing activities associated with the business.
Numerous laws and regulatory schemes have been adopted at the national and state level in the United States, and internationally, that have a direct impact on our business and operations.
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In addition, many states have passed student privacy laws, some of which are more restrictive than FERPA, and therefore do not pre-empt FERPA.
−Removed: The Children’s Online Privacy Protection Act imposes additional restrictions on the ability of online services to collect, use, and disclose personal information from minors.
+Added: The Children’s Online Privacy Protection Act (COPPA) imposes additional restrictions on the ability of online services to collect, use, and disclose personal information from minors.
+Added: The FTC has proposed updates to COPPA which are currently in a notice-and-comment period.
In addition, certain states, including Utah and Massachusetts, have laws that impose criminal penalties on the production and distribution of content that is “harmful to a minor.” Delaware Code 1204C prohibits websites and applications directed at children from marketing or advertising products or services that are inappropriate for children.
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The Nevada Online Privacy Law, which went into effect October 1, 2021, provides Nevada residents with the right to know our data practices and the right to opt-out of the sale of certain “covered information.”
−Removed: The California Privacy Rights Act (CPRA), Virginia Consumer Data Protection Act (CDPA) and Colorado Privacy Act (CPA) all come into effect on January 1, 2023.
+Added: The California Privacy Rights Act (CPRA), Virginia Consumer Data Protection Act (CDPA) and Colorado Privacy Act (CPA) all went into effect on January 1, 2023.
These laws provide consumers with the right to know what personal data companies collect, how it is used, and the right to access, delete, and opt out of the sale of their personal information to third parties.
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Chapter 1 of Part 4 of the Act includes new criminal offenses relating to completing assignments on behalf of students.
−Removed: It contains two new criminal offenses, specifically an offense of providing or arranging a paid-for relevant service in commercial circumstances, and an offense of advertising a relevant service to students.
+Added: It contains two criminal offenses, specifically an offense of providing or arranging a paid-for relevant service in commercial circumstances, and an offense of advertising a relevant service to students.
For both offenses, a body corporate and/or director (and equivalents) guilty of an offense is liable on summary conviction to a fine.
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As of December 31, 2023, we had 1,979 employees, of which 1,903 were full-time and 76 were part-time, with 1,140 located outside the United States.
−Removed: With our recent acquisition of Busuu, a small part of our international workforce is now covered under a collective bargaining agreement, however, the majority of our workforce is still not covered by any collective bargaining agreement.
+Added: Following our acquisition of Busuu in 2022, a small portion of our international workforce is covered under a collective bargaining agreement, however, the majority of our workforce is still not covered by any collective bargaining agreement.
We appreciate that our employees are our greatest asset and place a premium on the importance of their retention, growth, and development.
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We continue to focus on building a strong talent pipeline to create more opportunities for workplace diversity, support greater representation within the organization, and build a company that is truly reflective of the diverse audience we serve.
−Removed: Please see the Environmental, Social, and Corporate Governance (ESG) section of our investor relations website (www.investor.chegg.com/esg) for relevant metrics and to learn more about Chegg’s efforts around culture, belonging, diversity, and inclusion.
−Removed: In 2022, in order to continue to attract and retain a highly engaged workforce, we expanded our employee benefits, including fertility care and additional retirement savings for all 401(k) savings plan participants.
−Removed: Additionally, with the reopening of our physical offices, we increased our employee training offerings to include workshops in effectively managing and working in a hybrid environment along with award winning health and welfare benefits to support our full time employees as they navigate the lingering difficulties of a fully remote environment.
+Added: Please see the Environmental, Social, and Corporate Governance (ESG) section of our investor relations website (investor.chegg.com/esg) for relevant metrics and to learn more about Chegg’s efforts around culture, belonging, diversity, and inclusion.
+Added: On June 12, 2023, we announced a reduction of our global workforce by about 90 employees, or approximately 4% of our current workforce, to better position us to execute against our AI strategy and to create long-term, sustainable value for our students and investors.
+Added: In 2023, in order to continue to attract and retain a highly engaged workforce, we expanded our employee benefits, to include counseling and services for employees or their dependents struggling with substance abuse, travel benefits for employees needing medical services outside their normal geographic areas and additional contributions to employees’ health savings accounts.
+Added: Additionally, we established our first ever employee charitable contribution matching program worldwide.
Environmental, Social, and Corporate Governance (ESG)
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Just like our approach with students, we take the same level of care to engage with our stakeholders to help prioritize our ESG efforts, which we categorize into six pillars, as outlined below.
−Removed: This approach is informed by the materiality assessment we conducted in late 2021, in which we engaged both internal and external stakeholders to identify the ESG topics that are most relevant to our business and to society.
+Added: This approach is informed by a materiality assessment we conducted, in which we engaged both internal and external stakeholders to identify the ESG topics that are most relevant to our business and to society.
Focus on People
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Our employees are one of our biggest competitive advantages, and it's our responsibility to take care of them.
+Added: We are proud to have received numerous awards for our outstanding workplace culture, including Fortune’s Best Workplaces (for Women, Parents, Technology, and Millennials), and fifteen Comparably awards in 2023.
Help Learners
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Chegg’s business activities as well as our philanthropic, research and community efforts align with many of the United Nations’ Sustainable Development Goals.
−Removed: We have identified three of these goals where we believe Chegg’s influence is the greatest:
−Removed: Quality Education, Good Health and Well-Being, and Zero Hunger.
+Added: We have identified goals where we believe Chegg’s influence is the greatest:
+Added: Quality Education, Good Health and Well-Being, Zero Hunger, decent work and economic growth, and reduced inequalities.
Act Responsibly
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We’ve taken several actions to assess potential risks of climate change and opportunities for our business to address those risks.
−Removed: In 2021, we disclosed our baseline scope 1 and scope 2 emissions and are currently beginning the process of calculating our scope 3 GHG emissions.
−Removed: These assessments will inform future reduction opportunities and decarbonization goals.
+Added: In 2021, we disclosed our baseline scope 1 and scope 2 emissions and in 2023 we expanded our disclosure to include scope 3 GHG emission.
+Added: These assessments will inform future reduction opportunities.
We know that we owe it to our customers, employees, and society to use environmentally sound practices and to find ways to limit our contribution to global climate change.
To learn more about our ESG efforts, please visit the ESG section of our investor relations site:
−Removed: www.investor.chegg.com/esg.
+Added: investor.chegg.com/esg.
Information about seasonality is set forth in the section “Seasonality of Our Business” in Part II, Item 7 of this Annual Report on Form 10-K.
Corporate History
−Removed: We were incorporated in Delaware in July 2005 and launched our online print textbook rental business in 2007.
−Removed: We hired our current Chief Executive Officer in 2010, who implemented our current business strategy to create the leading direct-to-student learning platform for students to help them improve their outcomes.
−Removed: Beginning in 2010, we made a series of strategic acquisitions to expand our service offerings, including Cramster in 2010 to add Chegg Study, internships.com in 2014 to add to Chegg Internships, Imagine Easy Solutions in 2016 to add Chegg Writing and programmatic advertising, Cogeon GmbH in 2017 to add Chegg Math, WriteLab in 2018 to add enhanced features to Chegg Writing, StudyBlue in 2018 to add our flashcards offering, Thinkful in 2019 to add our skills-based learning platform, Mathway in 2020 to strengthen our Chegg Math offering, and Busuu in 2022 to add a language learning service.
−Removed: We completed our initial public offering (IPO) in November 2013, a follow-on offering in August 2017, issued convertible senior notes in April 2018, March/April 2019, and August 2020, and completed an equity offering in February 2021.
+Added: We were incorporated in Delaware in July 2005 and hired our current Chief Executive Officer in 2010, who implemented our current business strategy to create the leading direct-to-student learning platform for students to help them improve their outcomes.
Our common stock is listed on the New York Stock Exchange under the symbol “CHGG.” Our principal executive offices are located at 3990 Freedom Circle, Santa Clara, California 95054 and our telephone number is (408) 855-5700.
Available Information
−Removed: Our website address is www.chegg.com and our Investor Relations website address is www.investor.chegg.com.
+Added: Our website address is www.chegg.com and our Investor Relations website address is investor.chegg.com.
Our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to reports filed pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended (Exchange Act), are filed with the U.S.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.