Saturday, July 12, 2014

Tutoring News - Online Tutoring Center InstaEDU Acquired by Chegg for 30 Million

I don't know if you have heard of Chegg or not.  It is one of the biggest textbook resale sites. I have heard of the company, but I've never used this site before.  On Jun 3, 2014, it announced a $30 million cash acquisition of student tutoring marketplace InstaEDU.  InstaEDU is one of the few online tutoring service providers available regardless of location.

The original article by Sarah Buhr can be found on TechCrunch, or by clicking here.



I think this acquisition proposal makes sense because InstaEDU now has access to Chegg's 13+ million high school and college students.  With the acquisition, it is a win-win situation for both Chegg and InstaEDU to share the user database and resources seamlessly.

I will definitely sign up on InstaEDU as a tutor soon and give it a try.  I'll provide my thoughts and feedback about my experience with InstaEDU in the near future, so stay tuned!

This is definitely not a good news for the online tutoring companies out there.  For now, I have to say "Wyzant and Tutor Universe, better watch out for this competitor now!"

Side note: My dear fellow tutors, sorry I posted this article late tonight because I was watching "Edge of tomorrow" and "Transformers 4" at the AMC theatre.  Both movies were great!

Please kindly leave any comments or share, +1, or Like if you find this article helpful!

1 comment:

  1. Good day,

    My name is Brandon and I work as a Community Outreach Associate at Chegg. You may not be aware of it, but Chegg acquired InstaEdu a little over a year ago. With the acquisition, we rebranded InstaEDU to Chegg Tutors – changing the name and URL in the process.

    I noticed that you have a post that links to InstaEdu's home page. Would you be able to change it from InstaEDU to Chegg Tutors (https://www.chegg.com/tutors/)? We are currently redirecting InstaEdu to Chegg, but it might be a bit confusing for your readers to land on a different site than they expected.

    We found links to InstaEdu on the following page(s):
    **www.wetutoringnation.com/2014_07_01_archive.html

    For your convenience, I’ve put an example of the replacement code for you to use (or something similar):

    **I think this acquisition proposal makes sense because InstaEDU (Now Chegg Tutors) now has access to Chegg's 13+ million high school and college students. With the acquisition, it is a win-win situation for both Chegg and InstaEDU to share the user database and resources seamlessly.

    I will definitely sign up on InstaEDU as a tutor soon and give it a try. I'll provide my thoughts and feedback about my experience with InstaEDU in the near future, so stay tuned!

    Please let me know if you have any questions about Chegg.

    Best,
    Brandon Harvey
    Community Outreach | Chegg

    ReplyDelete