Amazon to invest $1 billion in Indonesia but once again books and ebooks are not on the agenda

First Singapore, then Vietnam, now Indonesia. Amazon continues its move into SE Asia. But once again it seems books and ebooks are no longer part of Amazon’s global ambitions. Amazon moving into new markets is a given nowadays, but it’s been a long time since the world’s biggest online bookstore actually made a move in Read More …

Tencent joins the half-trillion club, and look how close it is to Amazon…

On Tuesday Tencent, the Chinese e-commerce titan, leapfrogged Facebook to become the fifth most valuable company on the planet. China now holds two of the top six places in the world rankings for market capitalization, and while Apple is still too far ahead to be dislodged, both Tencent and Alibaba are within shouting distance of Read More …

The Future of Barnes & Noble. Part 1: Nook

Nook, by Barnes & Noble. But for how much longer? Over the weekend The Digital Reader ran an insightful post on the future of Nook, the ebook arm of America’s biggest bricks & mortar bookstore chain. “Len Riggio has just dashed the hopes of everyone who had been praying for a Nook turnaround.” Nate Hoffelder Read More …