Realscreen » Archive » Korean internet conglomerate Naver to acquire Wattpad for US$600M
Korean internet conglomerate Naver to acquire Wattpad for US$600M The deal brings Wattpad under the same umbrella as the digital comic publisher Webtoon, with the platforms boasting a combined user base of around 160 million. (Wattpad co-founder Allen Lau pictured.) January 20, 2021 South Korean internet conglomerate Naver, the parent company of digital comic platform Webtoon, is to acquire Wattpad in a cash-and-stock transaction valued ...
Source: realscreen.com