Online retailer makes 'remarkable' £1m for indies in first four months

Online retailer makes 'remarkable' £1m for indies in first four months

Retail website has made more than £1m in profit for indie bookshops, hitting the milestone just four months after its UK launch.

The site, which opened for business in the UK last November, is billed as a socially conscious alternative to Amazon, giving indies 30% of the cover price from each sale they make through the platform alongside a share of profits from affiliate sales. Of the £1m, which was hit just before midday on 1st March, £633,000 came from sales bookshops made through the site with the rest shared equally via its profit pool.

Since its launch, more than 200,000...

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