Manage updates with the Download App
Amazon in talks to acquire Brazilian bookseller, report says
Amazon is considering acquiring a Brazil-based bookseller, according to a new report.
The e-retail giant is currently in talks with Saraiva to acquire the bookseller, Bloomberg is reporting today, citing sources. The publication's sources did not divulge how much Amazon would be willing to pay for Saraiva.
Amazon has been rumored for months to be considering an acquisition in Brazil, and Saraiva's name has been floated before as a possible acquisition target. The acquisition could give Amazon a foothold in Brazil, Latin America's biggest economy, and help the company expand its Kindle efforts in that area.
Saraiva, … Read more
