BR100 Decreased By (-0.73%)
BR30 Decreased By (-0.9%)
KSE100 Decreased By (-0.81%)
KSE30 Decreased By (-0.81%)
AGHA 7.63 Decreased By ▼ -0.06 (-0.78%)
BECO 5.51 Increased By ▲ 0.27 (5.15%)
BML 59.30 Decreased By ▼ -0.92 (-1.53%)
BOP 34.12 Decreased By ▼ -1.16 (-3.29%)
CNERGY 12.90 Decreased By ▼ -0.23 (-1.75%)
CSIL 6.06 Decreased By ▼ -0.05 (-0.82%)
FCCL 57.64 Decreased By ▼ -0.33 (-0.57%)
FFL 16.18 Decreased By ▼ -0.24 (-1.46%)
FNEL 1.22 Increased By ▲ 0.02 (1.67%)
KEL 7.45 Decreased By ▼ -0.03 (-0.4%)
KOSM 5.97 Decreased By ▼ -0.07 (-1.16%)
LOTCHEM 27.91 Increased By ▲ 0.16 (0.58%)
MLCF 101.00 Decreased By ▼ -1.98 (-1.92%)
NBP 204.59 Decreased By ▼ -1.45 (-0.7%)
NCPL 60.40 Decreased By ▼ -1.84 (-2.96%)
NPL 69.99 Decreased By ▼ -1.30 (-1.82%)
OGDC 320.98 Decreased By ▼ -2.80 (-0.86%)
PACE 11.10 Decreased By ▼ -0.41 (-3.56%)
PAEL 43.08 Decreased By ▼ -0.82 (-1.87%)
PIBTL 16.60 Decreased By ▼ -0.08 (-0.48%)
PPL 229.48 Increased By ▲ 0.01 (0%)
PRL 71.50 Increased By ▲ 1.39 (1.98%)
PTC 71.90 Decreased By ▼ -0.25 (-0.35%)
SSGC 26.70 Decreased By ▼ -0.41 (-1.51%)
TBL 9.82 Decreased By ▼ -0.04 (-0.41%)
TELE 8.65 Decreased By ▼ -0.07 (-0.8%)
TPL 22.21 Decreased By ▼ -0.41 (-1.81%)
TPLP 15.14 Decreased By ▼ -0.54 (-3.44%)
TREET 24.19 Decreased By ▼ -0.02 (-0.08%)
TRG 60.10 Decreased By ▼ -1.03 (-1.68%)
Business & Finance

Amazon to start Japan ebook business: Reports

Published Updated

amazonTOKYO: US online giant Amazon will start a Japanese-language ebook business as early as this year, the Nikkei business daily and Jiji press said Thursday.

The company, which already has a strong retail presence in Japan, is in the final stages of talks with major Japanese publishers, the Nikkei said.

Amazon is also considering a launch of its Kindle reader for Japanese customers, the Nikkei said.

The company was hoping to start the business in time for the Christmas sales season, Jiji said.

Amazon's Japanese representatives declined to comment on the report.

Japanese publishers have been reluctant to provide content to Amazon over concerns that the retailer will sell ebooks at bargain prices, the Nikkei said.

The US firm however appears to be making headway in negotiations by proposing a framework in which the timing and scope of price cuts would be discussed with publishers in advance, the business daily said.

Despite the buzz about ebooks in the rest of the world, Japan has failed to develop the sector so far, offering only a limited number of book titles with several competing technological standards.

The Japanese ebook market was estimated at 65 billion yen ($846 million) in the year to March 2011, compared with roughly two trillion yen for printed books and magazines, according to the Nikkei.

Copyright AFP (Agence France-Presse), 2011

Comments

Comments are closed for this article.