Busuu

Language Learning Games Market size to grow by USD 5.09 billion from 2022 to 2027, the market is fragmented due to the presence of prominent companies like Duolingo Inc., Benesse Holdings Inc. and Chegg Inc., and many more - Technavio

Retrieved on: 
Thursday, January 18, 2024
Online, Virtual reality, Google Chrome App, Personalization, Interactive storytelling, Geography, Algorithm, Busuu, Education, School, Traveler, Communication, Growth, Acquisition, Multiplayer video game, USD, Language, Disability studies, Augmented reality, Video game

The language learning games market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The language learning games market is fragmented owing to the presence of many global and regional companies.
  • Chegg Inc. - The company offers language learning games such as Busuu app.
  • Subscription-Based Language Learning competes for user loyalty, and Open Source Language Learning Platforms face sustainability concerns.
  • The market for children's learning games and apps designed specifically for kids between 3 and 12 is dedicated to language learning.

Chegg Reports Third Quarter 2023 Earnings

Retrieved on: 
Monday, October 30, 2023
Software, Internet, Artificial Intelligence, Continuing, Technology, University, Education, Training, Adjustment, Intelligence, Security (finance), Event, NYSE, CHGG, Regulation, TAM, Life, History, EBITDA, Data, ChatGPT, Conference, Disclosure, GAAP, Artificial intelligence, Learning, Growth, Business model, Rosenzweig, Student, Partnership, Regulation Fair Disclosure, Pleasure, CFO, Noise, AI, Total, Investment, Tutoring, Medical device, Pharmaceutical industry, Music, Mobile phone, Bookkeeping, Management, Tourism, Sales, Advertising, Chegg, Busuu, Skill

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended September 30, 2023.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended September 30, 2023.
  • Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.
  • Chegg had a good quarter, delivering better than expected results, as we saw stabilization in new accounts and increases in overall retention and in the take rate of Chegg Study Pack.
  • Because Chegg is verticalized for learning, what isn’t surprising is that when students try us and compare us to more general AI solutions, Chegg outperforms.

Chegg Reports Second Quarter 2023 Earnings

Retrieved on: 
Monday, August 7, 2023
Primary, Secondary, Education, Technology, Software, Artificial Intelligence, Continuing, University, Learning, LLM, CHGG, Partnership, Regulation Fair Disclosure, Event, Feedback, Disclosure, ChatGPT, Intelligence, GAAP, Research, Business model, Regulation, School, Student, EBITDA, Acquisition, Investment, Net income, Artificial intelligence, Growth, Depreciation, AI, Security (finance), Adjustment, Food, Mental health, Conference, NYSE, Total, Tutoring, Management, Pharmaceutical industry, Food delivery, Bookkeeping, Bank, Q2, Advertising, Chegg, Skill, Q4, Busuu

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended June 30, 2023.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended June 30, 2023.
  • Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.
  • Thank you, Tracey and welcome everyone to our 2023 Q2 earnings call.
  • As the second quarter progressed, we saw year-over-year trends for customer acquisition and retention rates improve, which drove the upside in our results.

Chegg Announces First Quarter 2023 Earnings

Retrieved on: 
Monday, May 1, 2023
Primary, Secondary, Education, Technology, Software, Artificial Intelligence, Continuing, University, CHGG, Share repurchase, Internet, GAAP, Investment, News, NYSE, Event, DoorDash, Catalog, User experience design, Research, OpenAI, Business model, Net income, Growth, Security (finance), Conference, Total, Learning, Disclosure, ChatGPT, History, UX, Adjustment, Regulation, Partnership, Regulation Fair Disclosure, Intelligence, Cyprus Securities and Exchange Commission, Movement, CAPEX, Student, EBITDA, Trust, AI, Tutoring, Video game, Music, Bookkeeping, Management, Tourism, Medical device, Advertising, Guild, Chegg, Busuu

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended March 31, 2023.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended March 31, 2023.
  • Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.
  • Thank you, Tracey and welcome everyone to our 2023 Q1 earnings call.
  • Chegg had a solid quarter, ending Q1 above our guidance on total revenue and adjusted EBITDA.

Global Language Learning Market Report 2023: Rising Education Investment and Increasing Internet and Smartphone Penetration Fuels Growth

Retrieved on: 
Friday, March 17, 2023
Online, Learning, Education, Internet, Smartphone, Trump Media & Technology Group, Intelligence, Language, Research, Practice (learning method), USD, McGraw Hill Education, Competition, Duolingo, Digital technology, SWOT, Houghton Mifflin Harcourt, COVID-19, Animation, Porter's five forces analysis, Language learning, Growth, Digital, Busuu, New Oriental, Video game, Generic drug, Tourism, Tutoring, Retail, Tandem

Asia Pacific is the fastest-growing region in the Global Language Learning Market.

Key Points: 
  • Asia Pacific is the fastest-growing region in the Global Language Learning Market.
  • Furthermore, the region's quickly growing economies, numerous initiatives to boost education digitization, rising disposable income, and Internet penetration all contribute to the market of language learning rapid expansion.
  • The report analyses the Language Learning Market by Language Type (English, German, French, Chinese, Others).
  • The report analyses the Language Learning Market By Learning Method (Digital Self-Tutoring, Live Learning, Language Travel).

SIMPLILEARN FURTHER STRENGTHENS ITS LEADERSHIP: ANDREW WAIT APPOINTED AS A BOARD MEMBER

Retrieved on: 
Tuesday, March 7, 2023
College of California, MBA, Learning, B2B, SAN, Halo: Combat Evolved, College, Engineering, Acquisition, Blackstone Inc., Busuu, Science and technology in Asia, Fender, Student, IPO, St. Mary's, Fullstack Academy, International finance, Knowledge, Organization, Fender (company), International trade, Marketing, Boot, ADQ, Management

In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.

Key Points: 
  • In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.
  • With decades of professional experience, Andrew Wait is a successful board member, consultant, president, and a general manager.
  • Sharing thoughts on Andrew Wait's appointment, Mr. Krishna Kumar, Founder & CEO, Simplilearn, said, "I am happy to welcome our latest member to the Simplilearn family.
  • I welcome Andrew to Simplilearn and look forward to working together to deliver the best to our customers globally."

SIMPLILEARN FURTHER STRENGTHENS ITS LEADERSHIP: ANDREW WAIT APPOINTED AS A BOARD MEMBER

Retrieved on: 
Tuesday, March 7, 2023
College of California, MBA, Learning, B2B, SAN, Halo: Combat Evolved, College, Engineering, Acquisition, Blackstone Inc., Busuu, Science and technology in Asia, Fender, Student, IPO, St. Mary's, Fullstack Academy, International finance, Knowledge, Organization, Fender (company), International trade, Marketing, Boot, ADQ, Management

In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.

Key Points: 
  • In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.
  • With decades of professional experience, Andrew Wait is a successful board member, consultant, president, and a general manager.
  • Sharing thoughts on Andrew Wait's appointment, Mr. Krishna Kumar, Founder & CEO, Simplilearn, said, "I am happy to welcome our latest member to the Simplilearn family.
  • I welcome Andrew to Simplilearn and look forward to working together to deliver the best to our customers globally."

SIMPLILEARN FURTHER STRENGHTENS ITS LEADERSHIP: ANDREW WAIT APPOINTED AS A BOARD MEMBER

Retrieved on: 
Thursday, March 2, 2023
Science and technology in Asia, MBA, Fender (company), College of California, Engineering, Student, B2B, Busuu, Halo: Combat Evolved, IPO, International finance, Fullstack Academy, Knowledge, Organization, Marketing, Learning, SAN, Blackstone Inc., International trade, St. Mary's, Fender, Acquisition, College, ADQ, Boot, Management

In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.

Key Points: 
  • In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.
  • With decades of professional experience, Andrew Wait is a successful board member, consultant, president, and a general manager.
  • Sharing thoughts on Andrew Wait's appointment, Mr. Krishna Kumar, Founder & CEO, Simplilearn, said, "I am happy to welcome our latest member to the Simplilearn family.
  • I welcome Andrew to Simplilearn and look forward to working together to deliver the best to our customers globally."

SIMPLILEARN FURTHER STRENGHTENS ITS LEADERSHIP: ANDREW WAIT APPOINTED AS A BOARD MEMBER

Retrieved on: 
Thursday, March 2, 2023
Science and technology in Asia, MBA, Fender (company), College of California, Engineering, Student, B2B, Busuu, Halo: Combat Evolved, IPO, International finance, Fullstack Academy, Knowledge, Organization, Marketing, Learning, SAN, Blackstone Inc., International trade, St. Mary's, Fender, Acquisition, College, ADQ, Boot, Management

In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.

Key Points: 
  • In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.
  • With decades of professional experience, Andrew Wait is a successful board member, consultant, president, and a general manager.
  • Sharing thoughts on Andrew Wait's appointment, Mr. Krishna Kumar, Founder & CEO, Simplilearn, said, "I am happy to welcome our latest member to the Simplilearn family.
  • I welcome Andrew to Simplilearn and look forward to working together to deliver the best to our customers globally."

Chegg Reports 2022 Earnings and Gives 2023 Guidance

Retrieved on: 
Monday, February 6, 2023
Other Education, Technology, Continuing, University, Primary, Secondary, Training, Education, Women, Teens, Men, Children, Other Technology, Family, Software, Consumer, Internet, DoorDash, NYSE, Textbook, EBITDA, CSP, Relaxation, MSCI, Student, Adjustment, Partnership, Regulation, AAA, COVID, Guild, Learning, ChatGPT, Sleep, Q&A, GAAP, Regulation Fair Disclosure, ESG, Growth, Machine learning, Meditation, AI, Mental health, ML, OpenAI, Investment, Security (finance), Operation Active Endeavour, Disclosure, Culture, ARPU, Environment, Uncertainty, Net income, Event, Total, Q4, Forecasting, Subscription business model, CHGG, Conference, Business model, Cryptocurrency, Pharmaceutical industry, Video game, Mobile phone, Music, Bookkeeping, Clothing, Tourism, Tutoring, Marketing, Busuu, Advertising, Capital expenditure, Chegg

Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.

Key Points: 
  • Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.
  • Chegg Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, Busuu and Thinkful offerings.
  • Accordingly, reconciliations of the 2023 quarterly adjusted EBITDA contribution guidance to net (loss) income is not available without unreasonable effort.
  • We believe that this positive momentum will continue and lead to accelerating revenue growth in the second half of 2023.