Ookbee offers a new way for consumers to read their favorite publications by bringing them to both t

The funding which was announced yesterday, marks the first investment by INTOUCH . INTOUCH is one of the largest conglomerates in Thailand, and they own Thailand s largest mobile operator, AIS.  The investment is done through its venture capital arm, the INVENT program, which is the equivalent of SingTel Innov8 in Singapore.
Stay in Thailand long enough, orlando vacation home rentals you will definitely chance upon Ookbee , Thailand orlando vacation home rentals s biggest ebook store on iOS and Android platform with more than 85 percent market shares of the local ebook market. Based in Bangkok, Ookbee is a mobile orlando vacation home rentals only startup which provides the authoring tools for local publishers to publish interactive e magazine. While Ookbee is a mobile only startup, it currently serves more than 1.5 million users in less than two years. They are growing at 5000 new users per day.
Ookbee offers a new way for consumers to read their favorite publications by bringing them to both tablets orlando vacation home rentals and smartphones, and at the same time, making it cheaper and friendlier to use. Other than that, the Ookbee platform offers a complete end-to-end solution ranging from content preparation, storage, delivery, a billing and payment system.
orlando vacation home rentals Besides the impressive growth rate, Ookbee has also partnered with AIS, the largest local telco, and B2S, Thailand s leading physical orlando vacation home rentals bookstore and Central Group , one of the biggest group of department store chains in Thailand, to offer e-book, magazine, newspaper to local readers.
Ookbee was founded in Mid 2010 by Moo Natavudh, Charn Polapat , Joe Sangboon, and Tia Pakpoom. orlando vacation home rentals Moo is the CEO of the company while Tia takes up the role of the CTO. The inspiration of the company came about two years ago, when the first tablet entered the market.
We thought it would be nice if we could read all these local books and magazines on these tablets so we don t have to carry them around. We also want them to be more than just plain old text and picture. In that time, there is no local e-magazine and ebook in the market, so we built Ookbee to make the wish come true! 8 months later we shiped our first version to the market. Today, we are Thailand s number one Digital newsstand and e-book store in terms of revenue, number of users and market shares.
At this point, there are many local competitors, including those from big publishers and big bookstores (Se-ed, Naiin, Asiabook etc). In terms of global players like kindle, Kobo, Nook they are not here yet. What make us different is the broad range of local books and magazine we are offering. The most important thing for us is the speed to the markets. As we enjoy a first mover advantage, Ookbee now take up to 85 percent market shares, millions of users and sealed most of the deal with local publishers in Thailand. orlando vacation home rentals For most of them, we have an exclusive contracts.
Unlike the US market, most of the e-books and magazine here are primary contents. It means that most of the time for these contents, there are no e-book version of these content before ours. We are pretty much converting all ebook from paper and source file one by one and creating the whole market here.
The new US$2 million in funding will be used for offering the new products to its existing customer base as well as for regional expansion. Ookbee has just expanded regionally to Vietnam and most recently to Malaysia. Moo shared that these two countries are the closest neighbours and they have good publishers contacts there, so it was a natural choice for its first regional expansion to Vietnam, followed by Malaysia. The market in both countries also fit into their business model as well.