Goodreads, the literary social networking site, has just been acquired by Amazon for an undisclosed price. Users of the site share what they're reading and discuss books with other users.
In an announcement on Thursday afternoon on the Goodreads website, the small San Francisco startup’s founders gushed about the giant book retailer.
“We truly could not think of a more perfect partner for Goodreads as we both share a love of books and an appreciation for the authors who write them,” wrote the company’s co-founder, Otis Chandler. “We also both love to invent products and services that touch millions of people.”
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