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Tesco buys Mobcast for £4.5 million

UK supermarket chain Tesco has acquired ebook platform Mobcast for £4.5 million (A$6.9 million), reports the Bookseller. Mobcast was established in 2007 and currently offers 130,000 ebooks. The acquisition follows other recent moves by Tesco to enter the digital entertainment market, including its acquisition of personalised internet radio service WE7...

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Category: International news