eBay and Amazon.com bookseller A1Books has ceased operations after its parent company Webnotions was forced into bankruptcy. Founder Shinu Gupta said he was attempting to raise funds when some of the company's vendors filed involuntary bankruptcy against it in April.
After selling on marketplaces for years, the company expanded the business to a marketplace model itself; A1Books had 4,000 sellers and 6 million customers.
You may quote up to 50 words of any article on the condition that you attribute the article to
EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com. All other use is prohibited.
Have a question about buying or selling online? Want to get marketing or technical advice? AuctionBytes Discussion Forums are the place to come to get answers to your questions and get advice! Great tips - a refreshing change!
eBay and Amazon.com bookseller A1Books has ceased operations after its parent company Webnotions was forced into bankruptcy. Founder Shinu Gupta said he was attempting to raise funds when some of the company's vendors filed involuntary bankruptcy against it in April. 