Page One, Largest Bookstore in Taiwan, Closing

Page One's Taipei 101 store, the largest bookstore in Taiwan, will close at the end of July, according to China Times. It's also Page One's last bookstore in Taiwan. The company, which has headquarters in Singapore and sells primarily English-language books, closed its Sogo Department Store shop in Taipei in 2009.

Page One has been expanding in mainland China and now has five stores in the People's Republic, with three locations in Beijing, one in Chengdu and another in Hangzhou. It has a range of stores, including airport shops in Hong Kong. Its original flagship store, in Singapore, closed in 2012.

Zhang Ying, head of Page One's marketing department, said English-language books account for 65% of the books on sale at the three Beijing stores, where most patrons are people aged 20-35 and hold at least a college degree and have medium-to-high incomes.

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