Amazon to acquire books recommendation platform Goodreads

US: Amazon on Thursday announced that it has reached an agreement to acquire Goodreads but the terms of acquisition were not disclosed. Goodreads, founded in 2007, is the world’s largest site for readers and book recommendations where readers find and share books they love. Currently, the site has 16 million members who have added more than 530 million books to their shelves and written more than 23 million reviews.