WEBTOON parent NAVER announces approval of agreement to acquire Wattpad
WEBTOON parent NAVER announces approval of agreement to acquire Wattpad News provided by Share this article Leading social storytelling platform Wattpad aligns with WEBTOON, leading global digital comics platform LOS ANGELES, Jan. 19, 2021 /PRNewswire/ -- The Board of Directors of WEBTOON™'s parent company, NAVER, announced today that it has approved a definitive agreement to acquire leading social storytelling platform, Wattpad, in a cash and stock transaction valued at more than an estimated USD 600 million. With the backing of Korean technology giant, NAVER, WEBTOON and Wattpad will co...
Source: prnewswire.com