Amazon Inc. has been making efforts to cut costs due to uncertainties in the business. One of the steps it is taking to lessen expenditures is to shut down its Bood Depository online bookselling business.
The Book Depository is a UK-based online bookseller that boasts a large book catalog. It offers free shipping almost anywhere in the world, as it is available in about 160 countries. However, its owner, Amazon Inc., said that it had made the decision to discontinue its operations and will be closed on April 26.
Amazon is getting rid of its global online bookseller, and this was announced by Book Depository through its website and social media accounts. The book retailer said this week that its operations would officially stop before this month ends after selling books to global customers for almost two decades.
Fox Business mentioned that although its business is coming to an end, customers may still place some orders until mid-day on April 26. The Depository will continue to deliver the ordered books until June 23.
It was in 2011 when Amazon acquired Book Depository, and it was able to sell more than 20 million books already. Customers around the world enjoyed free deliveries regardless of their location.
“We are sorry to let you know that Book Depository will be closing on 26 April 2023,” the book seller wrote on Twitter on Tuesday, April 4. “You can still place orders until midday (12pm BST) on 26 April and we will continue to deliver your purchases and provide support for any order issues until 23 June 2023.”
On a separate note that was posted on its main website, the company thanked its customers and said that it has been a pleasure to serve them and deliver their favorite books since 2007.
The Book Depository has been shipping thousands of books every day worldwide from its warehouses in the United Kingdom and Australia, but unfortunately, the business is officially closing.
Photo by: Christian Wiediger/Unsplash


Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Washington Post Publisher Will Lewis Steps Down After Layoffs
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Thailand Inflation Remains Negative for 10th Straight Month in January
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 



