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Australian online bookseller Booktopia in freefall as administrators called in(www.abc.net.au)

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  • In short: Australian book retailer Booktopia has gone into voluntary administration.
  • The company has been trading at a loss for over a year and earlier made 50 staff redundant.
  • What’s next? Administrators are looking at selling or restructuring the main Booktopia business and its three subsidiaries.
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