For Rakuten, this is a way for the company to get in on the eBooks market. Kobo recently debuted its Vox e-Reader tablet, touting it as the world?s first social e-reader.
EMC FIDELITY NATIONAL INFORMATION SVCS FISERV GOOGLE GRUPO IUSACELL
Wednesday, November 9, 2011
Japanese E-Commerce Company Rakuten Buys E-Reading Platform Kobo For $315M In Cash
Japanese e-commerce company Rakuten has acquired e-Reading platform Kobo for $315 million in cash. Founded in 2009, Kobo is the developer of eReaders, eReading apps and more with a number of retail partners around the world.
For Rakuten, this is a way for the company to get in on the eBooks market. Kobo recently debuted its Vox e-Reader tablet, touting it as the world?s first social e-reader.
For Rakuten, this is a way for the company to get in on the eBooks market. Kobo recently debuted its Vox e-Reader tablet, touting it as the world?s first social e-reader.
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