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Flipkart pulls plug on e-book store

  • Flipkart has
    announced it will stop offering e-books for download, and migrate all libraries
    of its existing users to Kobo, starting December 17,
    Gadgets360 reported.
  •  
  • “The Indian book

    • Flipkart has
      announced it will stop offering e-books for download, and migrate all libraries
      of its existing users to Kobo, starting December 17,
      Gadgets360 reported.
    •  
    • “The Indian book
      market is overwhelmingly dominated by physical books and this is a market that
      is growing at a fast clip. Flipkart will continue to be a leading player in the
      overall books market in India.
      In an overall strategy for books, Flipkart does not see the eBooks service as a
      strategic fit and hence the decision of transitioning the eBooks service to
      Kobo,” Flipkart said in a statement.
    •  
    • The e-commerce major
      said users can continue to access the e-books app even after the transition.
      Titles that are not available on Kobo will be refundable to the user’s Flipkart
      account.
    •  
    • Flipkart had launched
      e-books in November 2012 as a part of its digital store Flyte, which ceased
      music operations in June 2013.
    •  
    • Founded in December
      2009, Toronto-based Rakuten Kobo Inc is owned by Japanese ecommerce company
      Rakuten Inc, which sells and sells ebook readers and tablets, and has a catalog
      of four million ebooks and magazines.

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