Amazon to acquire Goodreads book recommendation site

Goodreads has millions of users and millions of book reviews

Amazon.com will acquire Goodreads, a website that recommends books.

The deal, financial terms of which were not disclosed, is expected to close before the end of June, Amazon said in a statement on Thursday.

Launched in January 2007, Goodreads provides reading recommendations, has a social aspect and will provide reading lists based on what your friends like. The site claims 16 million users and carries 23 million reviews.

Amazon also provides recommendations on its website and it's initially unknown if the two sites will be merged, if Goodreads data will be used on the Amazon site, or if Goodreads customers will be pushed to buy books from Amazon.

"We're now going to be able to move faster in bringing the Goodreads experience to millions of readers around the world," said Otis Chandler, Goodreads CEO and co-founder, in a statement. "We're looking forward to inspiring greater literary discussion and helping more readers find great books, whether they read in print or digitally."

Following the acquisition, the company will remain based in San Francisco.

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsinternetbusiness issuese-commerceamazonGoodreads

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Martyn Williams

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?