Indian publishing market is abuzz with rumors that Flipkart is exiting ebooks business. At a time when Indians are finally warming up to the notion of reading books via digital ink, this is certainly negative news for the industry as a whole.
In 2013, Flipkart had teamed up with Smashwords to distribute ebooks on their platform. Smashwords is World’s largest distributor of ebooks written by independent authors, worldwide. Last month, Smashwords announced on their blog that Flipkart is terminating their contract with them.
Yesterday, Medianama contacted Flipkart regarding this news, and here is what they replied: “Currently, we are evaluating our eBooks strategy and are working towards redefining our digital offerings to our customers.”
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