Canadian based Kobo has been sold to Tokyo based e-commence giant Rakuten, Inc. The contracts were signed today and the Japnese company acquires 100% of the stock valued at $315 million dollars. Kobo was originally financed by Indigo that owned a large percentage of the company and gave the Canadian based start-up critical retail space in all of their bookstores in Canada. … [Read more...] about Breaking News – Kobo acquired by Japan based Rakuten