It was declared nearly 3 months ago about Flipkart’s exit from ebook market and today they declared that from 17th December it will STOP selling ebooks.
Why Flipkart leaving eBooks?
Flipkart says Indian readers or not yet ready for adopting the new ebook format and sale of their Physical book was much greater than ebooks.
But I personally feel that the company accepted the drought conditions of Indian eBook market and landed on to the conclusion of closing business.
Flipkart made me really know what times to create awareness and to educate people to adopt New format.
Will you lose your Purchase?
No. Flipkart is transferring librabry and purchases to 'kobo' a ebook dedicated company.
Great relief and a good decision.
They closed their business but they were kind enough to consider users's investment and content they downloaded.
How this Exit will affect Indian eBook market?
In India is a most famous online shopping portal and hence it had all resources to develop their eBook business. Indian eBook market is growing and their are many players. Though Flipkart's exit will ripple the market but the market will surely develop and better substitute. They tried to develop environment suitable for the eBook market. So not to worry.
Is Flipkart going to handover their ebook market share to kobo?
I think it is very obvious. Kobo is bigger player and they must have calculated all gains and future aims to enter into Indian market with a huge data base that Flipkart must have collected.
The deal between two is not known. But wish Kobo will take over the business.
Welcome Kobo.
Kobo has their own eReader device, dedicated to eBooks and competing with Kindle.
I am sure kobo will help growth of eBook industry in India.
I do agree that today the eBook market in India is nearly 1% but it's going to increase.
Kobo have got a very nice deal. Now the eBook industry in India will surely grow because Kobo have their own ebook readers they will surely work for selling their hardware.
What Next?
Let's see how Kobo plays their strategies. They have Amazon against them.
Do visit our website www.eboo.co.in
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