Amazon and Google Open Digital Bookstores in Brazil

Excited Brazilians cheer the news they will get Kindles.
(Reuters) - Amazon.com Inc and Google Inc both opened their digital bookstores in Brazil on Thursday, hot on the heels of e-book offerings by local booksellers in a fast-growing online retail market.

The simultaneous introduction of the two services highlighted the wide-open nature of Brazil's $12 billion e-commerce market. Low Internet penetration and a swelling middle class have spurred bets on strong growth for years to come.

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Published on December 11, 2012 15:53
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