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Amazon reportedly paid $150 million for Goodreads

0. phoneArena posted on 29 Mar 2013, 17:36

Yesterday, it was announced that Amazon had purchased popular book review/recommendation social network, Goodreads. As usual, the financials of the deal weren't announced, but of course that won't stop the estimations from starting. We saw a pretty ridiculous estimation from Bloomberg, but a far more reasonable one has come from those "close to the deal" according to AllThingsD...

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posted on 29 Mar 2013, 23:45 2

1. techloverNYC (Posts: 601; Member since: 20 Nov 2012)

instead of blowing money like this. Amazon how about you lower your seller fees for the small sellers?

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