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article The internet has always been a place for discovery, but the new era of book sharing and sharing books online has been a big hit.
Many booksellers have seen their business plummet after the introduction of book renting and sharing services such as Amazon and GW Online, which have been hailed as the future of book rentals.
In the US, Amazon and Amazon Prime have already signed up about 1,600 booksellors, many of which have gone into business on the back of the new sharing and book sharing services.
Amazon, however, says it has already seen book rental numbers surge in the US in the last year.
The online retail giant says its customers are buying more books and are willing to pay for them, but many of these new book rentals are still in the early stages of the process.
“Many booksells have been able to capitalize on the boom in sharing and renting book and movie books on the Internet, but it has yet to translate into book rental demand,” said Simon Legg, an analyst with consultancy firm eMarketer.
“In fact, book rentals were the primary source of revenue for Amazon in the second quarter of 2018, and will likely continue to do so,” he said.
Some book rental companies are looking for ways to differentiate themselves.
One of the biggest is Booky, which has developed a website to make it easier for book buyers to rent books, while also offering an ebook version of their books.
But it is unclear whether these services will be able to survive in the long run, given the growing demand for books online.
The rise of online book rentals could help boost the sales of traditional bookstores and booksell, who have traditionally had to cater to customers who want to read books in their own homes.
But in the meantime, Amazon has become a huge market for book rentals, with more than 30 million books and other books being rented in the first nine months of 2018.