Flipkart Exits the Ebook Business, Transfers Users to Rakuten Kobo

Flipkart, one of the biggest players in India’s booming e-commerce market, has conceded that there is one part of online retail it can’t win, and stopped selling ebooks. Users who have already made purchases can still access their libraries on the Flipkart e-book app or through Kobo, the e-book platform owned by Rakuten.

According to the Alliance of Independent Authors, Flipkart’s decision to pull out of the e-book business means that Amazon Kindle is now the largest online reading platform in India...