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Originally Posted by rantanplan
Kobo has not bought Tolino. Tolino is largely owned by Thalia and other large book stores in Germany/Austria.
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I seem to remember quite a few stories about Kobo purchasing the Tolino ereading platform/ecosystem from Deutsche Telekom back in 2017. Going by some of the comments I've seen over the years, Kobo owns the hardware and back end while Weltbild, Hugendubel, Thalia, Libri, etc. sell ebooks within the Tolino ecosystem.
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“The handover of the ecosystem to Kobo is a sign of the advanced market development; having found a perfect partner in Deutsche Telekom to establish the business, our next step with Kobo is to grow further and in particular to uphold and expand the international e-reading standards,” said Nina Hugendubel who owns and runs Hugendubel together with her brother Maximilian.
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