4:25 PM Amazon (AMZN) paid $150M-$200M (the exact sum depends on whether performance incentives are met) to acquire Goodreads, Kara Swisher reports. Meanwhile, The Digital Reader points out Goodreads' book recommendation engine could be of value to Amazon, and that the site's book review count now tops 23M. Read comments
AMZN price at time of publication: $266.49. Check AMZN price now »
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Focus Articles on AMZN
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Press Releases on AMZN
- Amazon.com to Acquire Goodreads (Business Wire)
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Transcripts on AMZN
- Amazon.com's Management Discusses Q4 2012 Results - Earnings Call Transcript
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