Barnes & Noble, Inc. (NYSE:BKS) has partnered with Google Inc (NASDAQ:GOOGL) to deliver books on the same day in select cities in U.S. Barnes & Noble, Inc. (NYSE:BKS) has fought for long with Amazon.com, Inc. (NASDAQ:AMZN) to keep itself in existence. So can the Barnes & Noble, Inc. (NYSE:BKS) and Google Inc (NASDAQ:GOOGL) tie-up compete against Amazon.com, Inc.(NASDAQ:AMZN)? TheStreet has discussed about Barnes & Noble, Inc. (NYSE:BKS) in a recent report.
” Book retailer sees shares up more than 60% over the last 12 months. Much of these gains coming so far, this year Barnes & Noble, Inc. (NYSE:BKS), which has spent years struggling against Amazon.com, Inc. (NASDAQ:AMZN) is partnering with Google Inc (NASDAQ:GOOGL) to ship books quicker and investors and consumers have both taken notice. Now buyers in select cities can get same day delivery from Barnes & Noble, Inc. (NYSE:BKS) through Google Inc (NASDAQ:GOOGL)’s Shopping Express […],” Marino said.
Marino added that Google Inc (NASDAQ:GOOGL) is looking to get into its customers daily routine. Marino also mentioned the recent switch by Barnes & Noble, Inc. (NYSE:BKS) to partner with Samsung for making its tablets.
As of June 30, 2014, David Abrams Abrams’ Capital Management owns 4.1 million shares of Barnes & Noble, Inc. (NYSE:BKS), Ken Fisher‘s Fisher Asset Management owns over 745,000 shares in Google Inc (NASDAQ:GOOGL) and John Griffin‘s Blue Ridge Capital owns 810,000 shares in Amazon.com, Inc. (NASDAQ:AMZN), making them one of the largest shareholders in the companies respectively.
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