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Book rental companies having a subscription-based models where a monthly or periodic subscription fee is charged and members can rent a number of books based on the subscription. Book rental companies taking a fraction of book cost as rent. This is the most prevalent model in textbook and college book renting.
TextbookStop is an online textbook company that offers students the option to either rent textbooks, buy textbooks, or sell textbooks. It was founded in Salt Lake City, Utah in 2008 by Pete Hurtubise and Brian Zilvitis, and is currently one of the primary textbook rental companies in the industry. [citation needed]
Online textbook rental eTextbooks Online learning Online tutoring Networking: Revenue: US$767 million (2022) Operating income: US$8.96 million (2022) Net income: US$267 million (2022) Total assets: US$2.47 billion (2022) Total equity: US$1.12 billion (2022) Employees: 2,071 (Dec 2022) Subsidiaries: Busuu Chegg Tutors Zinch StudyBlue Notehall ...
BookRenter initially received financing from several venture capital firms in Silicon Valley. In 2009, it announced a Series A round of $6 million, [12] raised from Storm Ventures and Adams Capital Management, then Norwest Venture Partners led the Series B round of $10 million, which included participation from prior investors Storm Ventures and Adams Capital Management.
By 2011, the online store was selling textbooks at a discount and renting texts, allowing searching by textbook ISBN, author, and title, selecting a 2, 3, or 6 month (semester) rental period, and shipping options. Once the semester is over, books are returned with a free return shipping label, [5] or in person at 11 depots. [6]
BookScouter.com is a comparison shopping website that helps buy, sell, and rent textbooks and used books online. [2] The website compares offers and prices from 30 booksellers and buyback vendors in the US and suggests the most fitting place to purchase or sell a given book. [3] The website is mainly used by college students. [4]
An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process.
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