Not exact matches
The company has been figuring out how to launch its
business in other countries since early on when it expanded to the
U.S. And Kobo has inked deals with the American Booksellers Association, a trade group for independent bookstores, and its equivalent in the UK to have indie bookshops sell its devices and
ebooks.
Remember it has already commanded and abandoned the
ebook business in the
U.S. between 1999 to early in the new century.
Regardless of the modest 3 % of market share in the
eBook business in the
U.S., Kobo expansively works worldwide in more than 190 countries and has about 10 million registered users at the time when the article was written in August 2012.
It's hard to imagine that five years ago after the threat of
ebooks sent publishers into a panic and had experts declaring the death of the print industry that audiobooks would become a major focus for Amazon, let alone a $ 2 - billion (
U.S.) per year
business and the fastest growing book format, often outselling both print and digital editions.
Digital Book World says that, «The sweeping upgrade for the
ebook retailer and device - maker across its
business is part of an effort to help it build market - share in the
U.S. and to continue to expand globally, according to Kobo executive vice president and manager of devices, Wayne White.
Granted, those
business segments are still dwarfed by OverDrive's core
business: 95 % of all
U.S. public libraries use the company's technology to lend out
ebooks, audiobooks and other electronic content — content that disappears when the lending period ends.