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'At its height, Australia’s largest online bookseller, Booktopia, had a A$2.4 million turnover, 5 million customers, and sold a book “every 3.9 seconds”. This week, it entered voluntary administration, a month after announcing the axing of 50 jobs and resignation of senior staff, including its chief executive. Shares had fallen to 4.5 cents, compared with about $3 a share in 2021.' (Introduction)
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Last amended 8 Jul 2024 10:15:01
https://theconversation.com/booktopia-australias-biggest-online-bookseller-is-poised-for-collapse-that-doesnt-mean-bookshops-are-in-trouble-233975
Booktopia, Australia’s Biggest Online Bookseller, Is Poised for Collapse. That Doesn’t Mean Bookshops Are in Trouble
The Conversation
The Conversation
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