After supermarket chain Tesco closes blinkbox Books February 28, customers' e-book libraries will be transferred to Kobo. The move comes in the wake of Waterstones' decision to end negotiations with Tesco to purchase the e-books service.
Noting that Kobo "has done quite well for themselves over the course of the last few years by taking over the e-book business from companies that went under," Good E-Reader cited a similar move last year, when Sony closed its Reader Store and Kobo subsequently added "over 100,000 active customers who started to buy e-books from Kobo, instead of Sony. The same thing is happening now with Tesco and their Blinkbox Books platform."