Amazon.com buys book lovers website Goodreads (Update)

Mar 28, 2013
Amazon.com on Thursday announced that it is buying book lovers social network Goodreads in a move that could give Kindle tablets an edge over rival electronic readers.

Amazon.com on Thursday announced that it is buying book lovers social network Goodreads in a move that could give Kindle tablets an edge over rival electronic readers.

Goodreads is the leading website for sharing book recommendations and would complement reader reviews provided at Amazon.com's online shop for digital titles.

"Goodreads has helped change how we discover and discuss books," said Amazon vice president Russ Grandinetti.

"Together we intend to build many new ways to delight readers and authors alike."

Since launching in early 2007, Goodreads has grown to boast more than 16 million members and 30,000 book clubs.

"It's important to be clear that Goodreads and the awesome team behind it are not going away," co-founder Otis Chandler said in a message posted at the Goodreads website.

"We remain a home for all types of readers, no matter if you read on paper, audio, digitally, from scrolls, or even stone tablets."

Features at Goodreads include tracking books read, discovering new titles, and connecting directly with authors.

Goodreads will remain in San Francisco, according to Amazon.com, which has its headquarters in Seattle. Financial terms were not disclosed.

Synching a vibrant online community of readers with Kindle tablets and Amazon's content promised to strengthen the company's position against e-book shops run by rivals such as Apple and Google.

Explore further: Microsoft profit dips as revenue rises

add to favorites email to friend print save as pdf

Related Stories

Amazon expands network to Spain

Sep 14, 2011

Amazon expanded its European network to Spain on Wednesday, with a new site amazon.es opened to online shoppers.

Amazon.com buys Stanza e-book app maker Lexcycle

Apr 28, 2009

(AP) -- Kindle e-book retailer Amazon.com Inc. has purchased Lexcycle, a year-old company that makes the iPhone e-book application Stanza, in a move that ratchets up Amazon's presence in the electronic book market.

Penguin reverses course for now on Kindle lending

Nov 23, 2011

One of the country's largest publishers, Penguin Group (USA), is temporarily restoring libraries' ability to loan their e-books for Amazon.com's Kindle - but only through the end of the year.

Recommended for you

Microsoft profit dips as revenue rises (Update)

18 hours ago

Microsoft on Monday reported that its quarterly profit dipped but revenue increased in a sign that it is adapting to lifestyles centered on mobile devices and cloud services.

IBM "flatly denies" report of mass layoffs

23 hours ago

Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.