Kobo has unveiled its 2012 sales, which are reported to have doubled year-over-year. In addition, the company scored 4 million new customers since last summer, giving it a grand total of 12 million registered customers and a cool 20-percent of the ereader market worldwide. Among other things, Fifty Shades of Grey was the most read ebook on the device last year.
I'm sure everyone out there knows that the Friday after Thanksgiving is one of the biggest shopping days of the year. It's called Black Friday for reason, hordes of shoppers intent on saving money at all costs will descend on stores all around the country. If you don't want be part of the fight to get gifts in typical retail stores and have someone on your shopping list its interested in a new digital reader for Christmas, Kobo has a deal for you.
Kobo has announced that their newest device, the Arc tablet, is available for purchase in Canada and the United Kingdom, while France will have it stock starting on Monday. Kobo is an often forgotten brand, thanks to the dominance of Amazon's Kindle series of products, as well as Barnes & Noble's NOOK ereaders and tablets. However, it seems Kobo is looking to make an international dent in the market with its Arc tablet.
Kobo has announced that two of its ereaders are slated for release in Japan: the Kobo Glo and the Kobo Mini. As its name suggests, the Kobo Glo features a glowing display, while the Mini is said to be "the world's smallest full-featured eReader." The Kobo Glo is currently available for pre-order, while the Mini won't be available for a bit longer.
There are a number of e-readers on the market today from various manufacturers. The Kobo line has been around for a while and was purchased by a Japanese company called Rakuten in November of 2011. The company has added three new devices to its line of digital readers in the Kobo series.
You may remember the name "Kobo" as the Borders equivalent of Barnes & Noble's Nook. But it wasn't actually a Borders-owned entity. Kobo has always been its own independent company, and it is trying to find a voice now that its strongest retail partner is gone. So it has entered the world of e-readers that are trying to function more like Android tablets than dedicated digital book machines.
The $315 million acquisition of Kobo by Japan's Rakuten, announced back in November, has now successfully closed. All outstanding shares of Kobo owned by founding company Indigo Books & Music will go to Rakuten, while Kobo's management team will remain with the company and stay headquartered in Toronto.
It's another battle of the e-readers, ladies and gentlemen, the same thing that's been going on for the past handful of years whenever the winter holiday season rolls around, and this year it's a battle of the prices - Kobo Touch with Offers is the newest offering, available now, from the big K, offering you their least expensive price for the cheap exchange of ads in the interim. What you get is the same great Kobo Touch e-reader you know and love (but might never have owned until now) but with advertisements on the display whenever you put it to sleep. That's how they make it so inexpensive, and that's what they're putting up for competition with the short discount of the newest generation Nook e-reader which is $79 on Black Friday and Cyber Monday.
Kobo is trying to make its eBook readers a bit cheaper and is taking a page out of the Amazon book to do it. Kobo is adding new ad-supported versions of its eReaders like the Touch that are ad supported like some of the Amazon Kindle readers. Just like the Amazon ad-supported eReaders, the discount isn’t huge. If you pick up the Kobo touch with Offers it will cost you $99, $30 off the normal price.
The Kobo e-reader, which currently competes with Amazon's Kindle and the Barnes & Noble Nook, may be getting a boost soon with new backing from Japan's version of Amazon, a large e-commerce operator called Rakuten. The Japanese company is purchasing Kobo for $315 million and intends to rapidly grow its user base around the world.