Online Retail Giant Amazon.com Buys The Book Depository

Online retail giant Amazon has decided to acquire UK based bookseller The Book Depositary International.

The Book Depositary, which was founded Andrew Crawford back in 2004, is an online book store that offer over 6 million books which can be shipped to more than a 100 countries for free.

The amount of the acquisition, including information on regulatory approvals has not been disclosed by Amazon. Amazon has also not informed what it plans to do with the company, which would have had sales of £120 million.

“Customers in more than 100 countries enjoy The Book Depository's vast selection, convenient delivery and free shipping," said Greg Greeley, Amazon's Vice President of European Retail.

"The Book Depository is very focused on serving its customers around the world, and we look forward to welcoming them to the Amazon family", he added.

The Book Depository is one of the fastest growing online book sellers in Europe and offers non-mainstream books. The website has more than a million members across the world.

Amazon is planning to expand the reach of its online book store across markets and more acquisitions are certainly on the cards for the Kindle maker.