Tagged: Rakuten

Walmart partners with Rakuten to broaden Kobo's US reach

Kobo's parent company Rakuten has struck a "strategic alliance" with Walmart which will see the e-book retailer broaden its customer base in the US.... Read more

Rakuten invests in getAbstract

Japanese e-commerce firm Rakuten, owner of Kobo and OverDrive, has acquired a substantial minority stake in getAbstract AG, the world's largest library of business book summaries.... Read more

Rakuten to close UK marketplace

Rakuten will close its UK marketplace website in August following a review of its European operations. Read more

Waterstones cuts e-book deal with Kobo

Waterstones is to stop selling e-books from its website and instead divert customers to Kobo’s reading platform for digital sales. Read more

'Slow global e-book growth' hits Kobo targets

Rakuten recorded a 7.8bn yen (£47m) impairment charge for its Kobo division, according to its financial results for the three months to end December 2015.  ... Read more

Kobo to release new device in summer

Kobo is set to launch a new e-reader in the UK on 1st June. The Kobo Glo HD will offer “the highest resolution screen available... Read more

Rakuten to buy OverDrive for £275m

Japanese e-commerce company Rakuten is to buy OverDrive, which provides an e-book library lending platform, for $410m (£275m) in cash. The move will help Rakuten... Read more

Rakuten sees revenue increase 15%

Online retailer Rakuten's revenue was up 15.4% in 2014, compared to the year before, despite “increasing uncertainty” in the world economy. In results released today... Read more

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