With Barnes & Noble College already in the textbook rental business, along with the other big college bookstore operator Follett–which partnered with BookRenter.com–Chegg.com has turned to Borders for an “exclusive partnership.” While Borders does less business with college students, the company did launch an online Textbook Marketplace powered by Alibris in July. The Chegg textbook rentals will be featured in that marketplace. Chegg raised another $75 million in financing in September (making over $160 million in venture capital, and another $55 million in debt poured into the company) and Tech Crunch says they are estimated to have $130 million in […]
