Quote:
Originally Posted by lecoeur
With annual sales of over $4 billion and a market cap of over $15 billion there could well be a new Gorilla in the room.  |
Assume that is Rakuten not Kobo?
Interesting, I'd never really looked at Rakuten Group before. It's hard to get a sense for their presence outside of Japan thought they do seem to have a range of properties (buy.com etc) and to be slowly acquiring bits and pieces here and there all over the place. My understanding was that Indigo/Chapters had a stake in Kobo? I wonder how this will work out for them as surely they must see that digital is the future if your playing the long game. I just can't see why they wouldn't want to be in the game. I'm also unclear what this gains Kobo in the near future.. are there any synergy’s to be had?