Google is planning to launch an e-book store in the first half of next year to compete with Barnes & Noble and Amazon.
Google Editions will sell platform-agnostic e-books, and will open with a catalogue of 400,000 to 600,000 titles. Google said that it is not aiming the store just at e-book reader users, but at anyone with a browser and an internet connection.
"It will be browser-based access," Tom Turvey, head of Google Book Search's publisher partnership programme, told Associated Press. "The way the e-book market will evolve is by accessing the book from anywhere, from an access and a geographical point of view."
Google indicated that the books would not be purchased and downloaded as with conventional e-book readers, but instead stored in a "cloud library".
The company will try two different business models: selling the book directly and taking a 37 per cent cut; or selling through the publisher or retailer with a different commission plan.
The Association of American Publishers estimates that the e-book market in the US is currently worth $113m (£70m), and is growing at 68 per cent a year.
Latest Tesla news: Tesla stock price tanks amid reports of 'widening probe' by SEC and claims the base Model 3 loses money
SEC 'probe' takes its toll on Tesla as new research suggests that Tesla loses $6,000 on every $35,000 Model 3
10nm Cannon Lake Core i3-8121U CPUs make a rare outing with Intel's NUC mini PC
'Notorious' Australian child hacker thought he had executed 'flawless' hack
The former employee says that Tesla fired him for bringing the accusations to management internally