Amazon.com acquires Goodreads, a leading site for readers and book recommendations.

 Henceforth March 28, 2013 marks officially Amazon real will to dominate the book distribution online, expand reading around the world and build many new ways to delight readers and authors alike.

For those who unfamiliar, Founded in 2007, Goodreads is where readers find and share books they love. The site announces 16 million members who have added about 530

million books to their shelves and written about 23 million reviews.

Following the acquisition, Goodreads’s headquarters will remain in San Francisco, CA. however terms of the acquisition were not disclosed and the acquisition is expected to close in the second quarter of 2013.