In December that year, the company was sold to Amazon. In June 2008 AbeBooks was awarded the British Columbia Technology Industry Association Impact Award for Leadership in Social Responsibility for its charitable activities, literacy initiatives, and commitment to environmental friendliness in its business practices. In 2006, the company acquired Fillz, a book-inventory and order-management company, and purchased a 40% stake in LibraryThing in May, a social networking and book cataloging website for bibliophiles. In 2005, it acquired, an American book price comparison service. In 2004, the company expanded its model to include new books, and acquired the Spanish company IberLibro, to better serve Spanish language markets. In 2002, the founding partners were bought out by German media company Hubert Burda Media. In 2001, AbeBooks acquired Germany's JustBooks GmbH online book marketplace, which helped the company expand into the German, French and British online bookselling markets. AbeBooks currently has a reseller agreement only with. From the late 1990s to 2005, AbeBooks had reseller agreements with eBay,, Barnes &, and, allowing AbeBooks to market and sell booksellers' books through those channels these agreements were dissolved in 2005. The company name "Abebooks" is derived from their original name, "Advanced Book Exchange". It was incorporated in 1995 and launched its websites in 1996, initially including listings for only four bookstores. In 1995, AbeBooks was founded by Rick and Vivian Pura, and Keith and Cathy Waters. AbeBooks has been a subsidiary of Amazon since 2008. Launched in 1996, it specialises in used, rare and out-of-print books. b ʊ k s/ AYB-buuks ) is an e-commerce global online marketplace with seven websites that offer books, fine art, and collectables from sellers in over 50 countries.
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