That is a question asked by many book lovers who are curious to know the relationship between these two companies.
AbeBooks is an online marketplace specializing in the sale of used, rare, and out-of-print books. Founded in 1995, it has grown to become one of the world’s largest online booksellers with over 200 million books from more than 50,000 independent sellers worldwide. Despite its impressive growth, many people are still unaware that AbeBooks is owned by Amazon.
Amazon acquired AbeBooks in 2008 for an undisclosed amount.
At the time, AbeBooks had over 100 employees and was operating out of 11 countries worldwide. The acquisition marked Amazon’s first foray into the international market and provided them with a much larger inventory of books than they had previously been able to offer customers.
Since its acquisition, AbeBooks has continued to operate as an independent subsidiary of Amazon with its own staff and website. While Amazon does not directly oversee AbeBook’s daily operations, it does provide key services such as customer service and product fulfillment. This allows AbeBooks to focus on what it does best – providing customers with a wide selection of used and rare books at great prices.
Amazon’s acquisition of AbeBooks also allowed them to expand their reach even further by adding millions of new titles from independent sellers around the world. By doing so, they were able to offer customers even more choices when it came to finding their favorite books.
Conclusion:
In conclusion, while AbeBooks is an independent company operating separately from Amazon, it is owned by Amazon and receives key services such as customer service and product fulfillment from them. The acquisition has allowed both companies to expand their reach further into the international market while giving customers even more choices when looking for used or rare books.
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