Kakao aims to acquire Radish to compete against Naver Webtoon Posted : 2021-04-05 16:34 Updated : 2021-04-05 20:23 Social story telling platform Radish shows web novel contents on its mobile application service. Korea Times file By Kim Jae-heun Kakao is planning to spend 400 billion won to take over global web novel platform, Radish. This is expected to intensify the competition between Kakao and Naver with regard to their intellectual property (IP) business in the United States. According to the Korea Economic Daily, Sunday, Kakao is reviewing acquiring the managerial rights of Radish through its content producing subsidiary Kakao Entertainment. Radish is the fifth-biggest web novel platform in the United States.