Kobo Inc. Reaches Millions in eReaders
by BWW News Desk - Jan 16, 2013
Kobo Inc., a global leader in eReading, today announced that it has exceeded 2012 market forecasts, doubling device sales and attracting more than 4 million new customers within the last six months to bring its total to more than 12 million registered users. Contradicting forecasts claiming eReader sales would decline in 2012, Kobo's E Ink eReader sales were up nearly 150 percent in December, helping the company to carve out 20 percent of the global eReader market [source: DigiTimes]. In less than twelve months, the company launched three new eReading devices and further established its eReading services in new territories including Brazil, Portugal, Italy, Japan, Spain, South Africa, and the Netherlands this year. The annual growth and outstanding international performance culminated in Kobo users reading more than 22 million pages on Christmas Day.