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Auctionbytes-NewsFlash, Number 1147 - November 09, 2005 - ISSN 1539-5065      Previous Story | | Next Story

Online Marketplace Abebooks Acquires BookFinder.com
By Ina Steiner
AuctionBytes.com
November 09, 2005
Reading AuctionBytes: Online Marketplace Abebooks Acquires BookFinder.com

Abebooks.com, an online marketplace for new and used books, has acquired BookFinder.com, a comparison-shopping service for books. Both companies are privately owned and profitable, and both companies were initially developed in 1996 to support independent booksellers.

BookFinder.com lets buyers search through over 100 million new, used, rare, and out-of-print books for sale from thousands of booksellers. The site was founded by Anirvan Chatterjee, a then-University of California, Berkeley undergraduate, and Charlie Hsu, an undergraduate from the University of California, Davis. It generates revenue by receiving a commission from purchases that result from a buyer being forwarded to a bookseller's website. Hundreds of thousands of book searches are conducted daily.

BookFinder.com will continue to operate independently, unchanged, and will stay at its California location. Hannes Blum, Abebooks president and CEO, said he was committed to maintaining BookFinder.com's unbiased independence.

Abebooks.com has over 70 million new, used, rare, and out-of-print titles listed for sale by more than 13,000 independent booksellers from around the world. It operates sites in North America, Germany, France and UK and owns Iberlibro.com in Spain.

http://www.abebooks.com

http://www.bookfinder.com

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