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Kobo Revenues Up 44% in 2013, Userbase up 50%

February 18, 2014
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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.

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Kobo Family
Kobo Breaks Ground for eReading with New Family: Kobo Mini, Kobo Touch, Kobo Glo and Kobo Arc
September 6, 2012 From Publishing Business Today
Kobo, a global leader in eReading, today unveiled its new Kobo Family of eReading devices:  the Kobo Glo, Kobo Mini, Kobo Touch and the Kobo Arc – a 7” Android tablet. Designed by booklovers for booklovers, the new Kobo Family starts at $79.99 and provides readers with more choice and more ways to personalize their eReading experience than ever before – including new stylish colors, accessories, lighting and multimedia options. 
 

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