Amazon’s Adwords Budget

Amazon is apparently the #1 spender on Google ads in the retail world, spending about $12.4 million more a year annually than eBay, the company in the second-place spot in the retail category . Overall, only Lowe’s (the home improvement store) spends more annually on Google advertising than Amazon–$59.1 million total. This is especially interesting…

Amazon acquires an online book seller

Amazon.com Inc. announced yesterday that it will acquire The Book Depository International, a U.K.-based online bookseller that sells to customers in more than 100 countries. Terms were not disclosed. The Book Depository is No. 100 in Internet Retailer’s Top 300 Europe Guide. The e-retailer, established in 2004, sells books and e-books and offers free delivery…