Abebooks.com Acquires Europe's JustBooks; Growth Continues for Profitable Abebooks.com with Expansion in European Book Market.Business Editors VICTORIA, British Columbia--(BUSINESS WIRE)--Oct. 3, 2001 Abebooks.com (Advanced Book Exchange Inc.; www.abebooks.com), the world's largest source for out-of-print and hard-to-find books, announced today it has acquired JustBooks (JustBooks.de GmbH GmbH Gesellschaft mit Beschränkter Haftung (German: limited liability company; business entity) ), one of the major online platforms for used and antiquarian an·ti·quar·i·an n. One who studies, collects, or deals in antiquities. adj. 1. Of or relating to antiquarians or to the study or collecting of antiquities. 2. Dealing in or having to do with old or rare books. books in Europe. The JustBooks acquisition will allow abebooks.com to accelerate its growth in Europe and expand its already unprecedented book inventory and renowned customer support. Together, abebooks.com and JustBooks will share an international membership of 10,000 book dealers and nearly 35 million books, serving customers in English, German and French. "Whereas other Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the companies may be struggling to achieve profitability, abebooks.com has been profitable from the outset," says abebooks.com CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Brent Brent, outer borough (1991 pop. 226,100) of Greater London, SE England. The area is a rail and industrial center. Its manufactures include automobile parts, clocks and watches, and electrical equipment. James. "We see this as a unique opportunity to use our solid financial position as a basis for growth and expansion. We expect significant growth from our new operations in Europe." Abebooks.com brings to the agreement a scalable database technology and experience that will accommodate its continued growth. In turn, abebooks.com will benefit from JustBooks' multilingual mul·ti·lin·gual adj. 1. Of, including, or expressed in several languages: a multilingual dictionary. 2. capabilities and intimate knowledge of the European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. culture and book industry. "JustBooks is a great fit for us," says James. "Further expansion into the international marketplace will power our shared vision of becoming the global leader in the out-of-print book industry." ABOUT JUSTBOOKS JustBooks is one of the largest Internet second-hand book platforms in Europe. In total, JustBooks lists over 5 million books supplied by approximately 1000 dealers on their English (www.justbooks.co.uk), French (www.justbooks.fr) and German (www.justbooks.de) websites. JustBooks currently serves over 125,000 registered users. ABOUT ABEBOOKS.COM Canadian-based abebooks.com is the world's largest book site, with over 8,800-member book dealers around the world. The web site provides independent booksellers with business support, technological infrastructure, and international marketing, enabling booksellers of any size to compete on an equal footing with book superstores This is a list of superstores by country. Multi-national
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