|Products||Books, used books, out of print books, rare books, and textbooks|
World of Books is a second-hand book retailer, reported to be the United Kingdom's largest. They buy unsold inventory of used books from UK charity shops, reselling them through their own website and on various online sites such as Amazon.com.
The company purchases books in bulk, paying by tonnage rather than for individual titles. World of Books also own the 'instant cash for stuff' website Ziffit.com which pays people for their books, DVDs, CDs and games so they can be sold on or recycled. Using custom-designed software, they evaluate each title for saleability and set selling prices accordingly. In 2010 alone, the business recycled 26 million books.
Annualised turnover in 2009 was £5 million, with a projected turnover for that year of £8.5 million. The business was receiving 140 tonnes per week (about 300,000 books) at their depot, purchased from charities at £75 per tonne.
In November 2016, it was sold to a fund by Bridges Fund Management, which bought a majority stake for £13 million. At the time, the company reported collecting more than 25,000 tonnes of books per year from 3,700 charity shops across the UK, out of an estimated 50,000 total tonnes in the market.
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