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==History==
Coker began work on Smashwords in 2005 and officially launched the website in May 2008. Within the first seven months of launching, the website published 140 books.<ref name="Forbes">[http://www.forbes.com/forbes/2012/0625/entrepreneurs-mark-coker-smashwords-book-value.html "Book Value"] ''Forbes''</ref> Due to initially low profits, Coker switched to a distribution model that offered retailers a "30% commission in exchange for digital shelf space".<ref name="Forbes" /> Smashwords achieved a profit in 2010 and has partnered with [[Apple Inc.|Apple]], [[Barnes & Noble]], [[Kobo Inc.|Kobo]], and [[Sony]].<ref name="Forbes" /> Smashwords also uploaded books into KDP, [[Amazon.com|Amazon]].com's e-book publishing website
In 2012, Smashwords announced that it would partner with [[3M]] Cloud Library, which would allow for the option for their authors' books to be available in libraries,<ref>[http://goodereader.com/blog/electronic-readers/3mstom-mercer-discusses-smashwords-partnership-at-bea/ "3M's Tom Mercer Discusses Smashwords Partnership at BEA"] Good E-reader</ref> and that it had reached about 127,000 titles by 44,000 authors.<ref>[http://www.mediabistro.com/galleycat/smashwords-counts-127k-titles-projects-12m-in-revenue-this-year_b52713 "Smashwords Counts 127K Titles & Projects $12M in Revenue This Year"] GalleyCat</ref>
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