In brief: German online bookseller plans flotation

By editorial@silicon.com, 31 July 1998 16:38

NEWS The German online bookseller, buch.de, which launched at the beginning of the year, has announced plans to launch on the German Borse exchange inside the next three years. Through alliances with 20 book dealers and 30 publishers, it expects turnover to increase from DM1.2m in 1998 to DM4.7m in 1999 and DM25m by 2001. One hundred thousand shares will be offered from 30 August.

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