AbeBooks Fact Sheet

AbeBooks - a privately owned company based in Victoria, Canada - is the world’s largest marketplace for new, used, rare, and out-of-print books, with a virtual inventory of more than 110 million books. 13,500 booksellers from 57 countries list their books on the AbeBooks sites.

• AbeBooks facilitates up to 30,000 book sales each day
• Booksellers load more than 200,000 fresh books onto AbeBooks sites daily
• The average bookseller lists approximately 6,500 books
• AbeBooks has high traffic sites, with millions of people visiting each month
• Customers perform approximately 4 million book searches on the AbeBooks websites each day
• The AbeBooks websites are: www.abebooks.com, www.abebooks.co.uk, www.abebooks.fr, www.abebooks.de, www.abebooks.it, www.iberlibro.com, Fillz.com, www.Gojaba.com, www.BookFinder.com, www.justbooks.de, www.justbooks.co.uk, www.justbooks.fr and www.justbooks.nl.
• The AbeBooks blog Reading Copy is a daily source of company and book-related news.

Corporate Information

• The company was founded in 1995, and the AbeBooks.com site was launched in 1996
• European leader JustBooks GmbH was acquired in October 2001
• AbeBooks currently has more than 120 employees in Canada, USA, and Germany
• Spanish antiquarian and rare book marketplace Iberlibro.com was purchased by AbeBooks in October 2004
• Price comparison shopping service BookFinder.com was acquired in November 2005.
• Book inventory and order management company FillZ was acquired in February 2006.
• AbeBooks took a 40% stake in Librarything.com - a book cataloguing and social networking site in May 2006.
• In February 2008, AbeBooks launched Gojaba.com - a new no-frills, low-cost online marketplace for used, rare and out of print books in emerging markets. Sweden and Russia were the first markets to be served.
• Online bookstore provider Chrislands.com was acquired in April 2008

How AbeBooks Works

• All transactions occur between buyer and seller; AbeBooks never sees the book (a “low touch” model similar to Ebay)
• Revenue comes from four sources:
1. Monthly subscription fees that booksellers pay to list their books on AbeBooks (i.e. a bookseller with 0-500 titles pays GBP£17 a month)
2. A sales commission of 8% is charged on the total item amount (book plus shipping)
3. Payment service fees applied to Visa and MasterCard orders as AbeBooks accepts payment (5.5% on each book sold plus shipping)

Revenue, Sales & Growth Facts

• AbeBooks has enjoyed consistent growth and profitability since day one. No venture capital has been required to fund growth.
• The value of books sold in 2007 on AbeBooks was $190 million US (“annual gross merchandise volume”)
• Textbooks have become a major source of revenue in the past two years.

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Contacts:
Richard Davies, PR & Publicity Mgr., AbeBooks.co.uk
Office Ph: (001) 250-412-3238
rdavies@abebooks.com