Kobo Revenues Up 44% in 2013, Userbase up 50%
Amazon might not be releasing any interesting details about Kindle Store sales in 2013, but luckily for us Rakuten is more generous. This international retail conglomerate held their annual stockholders meeting on Friday, and they released a few details about Kobo.
Rakuten bought Kobo in late 2011, and while they've always been somewhat cagey about financial details they have in the past shared a few nuggets of info. For example, in their 2012 annual report Rakuten told us that Kobo revenues were up 143%, and that at the end of 2012 Kobo had 12 million users.
- Companies:
- Amazon.com
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%0D%0A%20%20Rakuten%20bought%20Kobo%20in%20late%202011,%20and%20while%20they've%20always%20been%20somewhat%20cagey%20about%20financial%20details%20they%20have%20in%20the%20past%20shared%20a%20few%20nuggets%20of%20info.%20For%20example,%20in%20their%202012%20annual%20report<%2Fa>%20Rakuten%20told%20us%20that%20Kobo%20revenues%20were%20up%20143%,%20and%20that%20at%20the%20end%20of%202012%20Kobo%20had%2012%20million%20users.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Faggregatedcontent%2Fkobo-revenues-up-44-2013-userbase-up-50%2F" target="_blank" class="email" data-post-id="11470" type="icon_link">
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