Booktopia (ASX:BKG) inks exclusive partnership with Zookal - Sequoia Direct Pty Ltd

12AprApril 12, 2021

Booktopia (ASX:BKG) inks exclusive partnership with Zookal

Book e-commerce platform Booktopia (ASX:BKG) has announced its exclusive supplier and fulfillment partnership with Zookal Textbooks.

The deal covers a textbook range of about 185,000 titles and is expected to rake in estimated revenue of $22 million per year. The company has justified its positive outlook with students’ return from social distancing to classrooms in the new academic year.

The partnership agreement has propelled shares in Booktopia (ASX:BKG) 2.11 per cent higher to $2.42.
Copyright 2021 – Finance News Network

Source: Finance News Network

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