Kobo Rides the Shockwave of Interest in E-books

By all accounts, has exploded in the market for e-book: U.S. sales of books has doubled three times in February and Amazon said it was a milestone recently released from the sale of 15 percent more e-books and paperbacks printed. While Amazon and Apple are the main beneficiaries of the wave, players and Toronto-based fast-growing, too, Cobo, which has a similar flame from readers, and online bookstores, says it now has approximately 4 million subscribers, is the growth continues to accelerate.
"It took us 10 months to get a million users and more than 90 days to get 2 million," said Chief Executive Michael Serbinis in a recent interview. "Get on up to 3 million people, about 60 days and we are close to 4 million now." He said Serbinis began in late 2009 and now number three player in most major markets to participate, - Cobo - majority-owned book retailer Indigo Books, Canada. A company that was recently closed a new round of funding of $ 50 million