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Ziffit.com
Wob (formerly called World of Books) is a second-hand book retailer, reported to be the United Kingdom's largest. The company buys unsold inventory of used books mostly from UK charity shops. The books are resold either to consumers through Wob's website and various online sites, or wholesale to recyclers, with about 80% of the books going to recycling. It was certified as a B Corporation (certification), B Corporation in 2019. Overview The company purchases books in bulk, paying by tonnage rather than for individual titles. Using custom-designed software, they evaluate each title for saleability and set selling prices accordingly. The company buys used books through shops and recycling merchants, in addition to purchasing books directly from consumers through its proprietary Ziffit, which has a 'scan and send' app. In 2010 alone, the business recycled 26 million books. Wob belongs to the World of Books Group, which also includes Ziffit and Shopiago, both Recommerce, re-co ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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