Quote:
Originally Posted by Fbone
Rakuten released 2012 financials where they lost well over $1 Billion in their North American market. Much of it was due to restructuring and goodwill. They lost a hefty amount from their UK operations. The company as a whole did well in 2012 as opposed to 2011 where they reported a company wide loss. There was no breakdown into how Kobo performed in the press release.
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Yeah, I think we are just now seeing them move into No. America more aggressively. Their Canadian website still sucks, but rakuten.com is showing some new growth and design changes. I guess we will see.
I don't expect them to sell current kobo devices through rakuten. They are using the partner model for that, it seems. I believe we discussed that at some length in an earlier thread.