Alibris is an online marketplace for books, movies, music, and more. It was founded in 1998 by Martin Manley, who had the idea of creating a place where people could buy and sell hard-to-find items from all over the world.
Alibris began as an independent company, but it has since been acquired by a few different companies. The most recent acquisition was in 2013 when Oak Hill Capital Partners purchased Alibris from its previous owners.
Is Alibris Owned by Amazon?
No, Alibris is not owned by Amazon. Although Amazon does have a stake in the company, they are not the majority owners. The current majority owner is Oak Hill Capital Partners – a private equity firm based in New York City.
Alibris has also partnered with Amazon to provide customers with access to a larger selection of books and other media at competitive prices. The partnership allows customers to find what they need quickly and easily without having to search multiple websites.
Alibris’s current business strategy focuses on expanding its customer base and increasing its market share.
In addition to partnering with Amazon, Alibris has also developed partnerships with other online retailers such as Barnes & Noble and eBay.
Conclusion
In conclusion, it can be said that Alibris is not owned by Amazon. Instead, the current majority owner is Oak Hill Capital Partners – a private equity firm based in New York City.
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