Rakuten

e-Commerce giant Rakuten to acquire Kobo eReader company

Kobo

Kobo today announced that the Canadian company will be acquired by Japan-based Rakuten, one of the world’s top 3 e-commerce companies by revenue. Hiroshi Mikitani, Chairman and CEO of Rakuten, commented on the acquisition, “We are very excited about this next step. Kobo provides one of the world’s most communal eBook reading experiences with its innovative integration of social media, […]