Summary:

Reed Elsevier Third Largest Online Company: Reed Elsevier yesterday claimed the unlikely title of the world’s third largest internet company…

Reed Elsevier Third Largest Online Company: Reed Elsevier yesterday claimed the unlikely title of the world’s third largest internet company by revenue: it generated online sales in excess of £1bn last year, third only to AOL Time Warner and Amazon.com in terms of revenue and ahead of internet auctioneer EBay, and the company predicted the figure “could potentially double” over the next three years because customers were still discovering that buying an online subscription to specialist scientific, legal and healthcare publications was more convenient than using a magazine.

For more on RE’s revenues, read the whole PDF report (down the page).

Comments have been disabled for this post