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ThriftBooks is a large web-based used bookseller headquartered near Seattle, Washington. [3] ThriftBooks sells used books, DVDs, CDs, VHS tapes, video games, and audio cassettes. ThriftBooks' business model "is based on achieving economies of scale through automation." [4]
The company was originally based in Oliver's garage, buying only CDs. [2] Records show that from February 2017, the company employed 1000 people, and received 5 million ratings on eBay, becoming the most popular seller on that platform. [3] By 2018 the company had sold an estimated £125 million of used items, primarily through Amazon and eBay. [2]
Wegner started selling used items in 2004 with 1500 euros start-up capital and 20 square metres (220 sq ft) of storage space, selling on eBay and Amazon. [3] In May 2006, he founded Momox GmbH and the momox.de web site for buying books, CDs, and DVDs. The selling site Medimops opened in 2007. [4] In 2010, other investors joined the company. [5]
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World of Books Group Limited is an online second-hand book retailer, trading under the names Wob, Ziffit, and Shopiago, [1] reported to be the United Kingdom's largest. [2] The company buys unsold inventory of used books mostly from UK charity shops.
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